Caledonia Mining Corporation (CMCL)

[rmarc]

The last dividend raise was way to small to over come the political & economic risk of being located in Zimbabwe. At today's smashed down price of $10.88 the .30 cent dividend yield is only 2.76%, way to low to entice gold stock & income seeking investors to compensate for the Zimbabwe economic & political risk. If CMCL was located in any other mining friendly country, the stock would be selling around $15, not $10.88. A significant raise in the dividend would not only support a much higher stock price, it is in the best interest of all CMCL shareholders to return cold hard cash to CMCL shareholders. No excuse for Curtis to not significantly raise the dividend which is more than affordable at a gold price of $1500/oz let alone the current $1648/oz. Curtis, raise the dividend to at least .55 cents from the current .30 cents. That is what a competent CEO that acts in the best interest of CMCL shareholders would do right now.