Caledonia Mining Corporation (CMCL)

[mortalmyth]

hothers, good post. It should be interesting to see just how much the three satellite mines (i.e., GG, Eagle vulture, and Mascot) will contribute to the CALVF bottom line. I don't recall seeing any resource grade estimates, but if they are comparable to Blanket then we should see 3-4 Au gpt. I've assumed that they will enable a sustained 50,000 oz Au production level for 2013.

Yes, I agree with you about the haulage level, but wish the company could somehow accelerate its completion date from end of 2014. Oh well, one step at a time I guess.

Once the haulage level is completed it will streamline the ore handling from all the new sites.

Have a good day.

P.S. Hope you will see your initial buy in price of 22 cents by years end. Would make for a great X-Mas present.