Thursday, May 31, 2012 2:59:11 AM
Caledonia Mining continues its "steady progress" with a strong cash position -
May 21, 2012 Mark Learmonth, VP Corp Dev & Investor Relations at
Caledonia Mining, tells that the company remains on its path
of "steady progress". Mark says that
gold production is ahead of targets and
it remains the case that Caledonia continues to build its
strong cash position. Mark says that Caledonia is a growth company and
continues to look and evaluate the options for its cash.
Caledonia Mining Corporation - consider a subsidiary sold
the percentage for $30 million to be received -
without any capital gain tax and
will create a happier work force who has become
part owners when the $30mil been received by
Caledonia Mining Corporation's
subsidiary;
Blanket Gold Mines -
who got a very substantial part of Zim's huge green stone belts
for activating very many old Gold mines -
within the Blanket Gold Mines Fields &
Gold Fields Expansion and Development Projects -
CALVF Q1Rep. Net profit $7,111,000.-- after tax
for the 1stQuarter 2012 was $7,111,000.--
welcome back to Caledonia Mining Corporation (CALVF
good to see you and thanks for your opinion
CALVF Q1Report; Net profit after tax for the Quarter was
$7,111,000.-
compared to
$1,369,000 in the preceding quarter (which included
an impairment of $3,884,000) and
$1,894,000 in the comparable
quarter.
Basic earnings per share for the Quarter were
1.4 cents per share,
compared to
0.27 cents in the preceding quarter and
0.38 cents
in the comparable quarter.
At March 31, 2012 the Corporation had cash and cash equivalents of
$16,288,000.--
compared to
$9,686,000 at December 31, 2011 and
$2,217,000 at March 31, 2011.
Cash flow from operations in the Quarter before capital
investment was
$8,130,000 compared to
$3,506,000 in the
preceding quarter and
$4,686,000 in the comparable quarter.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75452985
http://tmx.quotemedia.com/article.php?newsid=51148032&qm_symbol=CAL
CALVF is a well diversified company -
a subsidiary to CALVF holding the Blanket Gold Mine,
its 51% is sold for $30 million and
it may be final agreement by 2014 -
mugabe has used it to gain votes for the last 20yrs -
but lost the last election to -
Prime Minister Tsvangirai of Zimbabwe -
who got the majority and should be the President -
don't want it (and declared it null and void) -
mugabe 88yrs old with prostate cancer etc.
the time working in the right direction for CALVF -
Welcome to CALVF - Caledonia Mining Corporation -
well, good to see all @ CALVF
Presentations 2012 04-18-2012 Global Mining Finance
Spring Conference, London -
http://www.caledoniamining.com/pdfs/CALPres04182012.pdf
Q4 Results presentation Caledonia 2011 Annual 04-02-2012 -
http://www.caledoniamining.com/pdfs/CALPres04022012.pdf
Blanket Mine: A Photographic Tour 12-06-2011 -
http://www.caledoniamining.com/pdfs/CALPres12062011.pdf
the time flying and CALVF flying have repeated
its self twice great bull runs since I started to ride along
history often repeat itself -
http://chfir.com/mining/CAL
http://www.slideshare.net/CHFIR/caledonia-mining-corporation-april-2012
Global Mining Finance Spring Conference, London April 2012 -
http://www.caledoniamining.com/pdfs/CALPres04182012.pdf
Caledonia Mining - a low cost African Gold
$521.-/oz producer @ Q4/2011 -
http://investorshub.advfn.com/boards/replies.aspx?msg=59249631
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934 -
For the fiscal year ended December 31, 2011
http://secfilings.com/searchresultswide.aspx?link=2&filingid=8590980
http://www.caledoniamining.com/
God Bless
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