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Re: Huntewr7 post# 3120

Thursday, 09/20/2012 2:16:24 PM

Thursday, September 20, 2012 2:16:24 PM

Post# of 5874
I wish you luck in the accumulation venture. I started buying CALVF @ .22 but bought big under .05. I am still a bit underwater with Caledonia, but patience and the successful upgrade developments that have happened since the #4 shaft initial commissioning and recent speed upgrade were completed. People must look at the unfolding progress of the development at GG, Eagle vulture, and Mascot sites that will add ore to the under capacity mill circuit.
You will want to watch for future milestones the company surpasses in the next year. Once the haulage level is completed it will streamline the ore handling from all the new sites. Accelerating production in a gold bull market, where else can you find a producing gold miner shares for 10 cents? Sooner or later we will be repriced where the share price will have a more legitimate P/E of 10 rather than the 2.5 at this time.

JMO
hothers
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