Caledonia Mining Corporation (CMCL)

[mortalmyth]

NyBob, thanks for posting the additional info on No.6 Winze yesterday. I'm pleased to hear that the project is expected to only cost $4.4M. With Caledonia having close to $25M now and a few million more on the way for this quarter's production, I see little hardship in getting it funded.

I also certainly like the fact that today's cash reserve level equates to $0.05 and therefore puts a solid floor on the share price.

Next I want to see the details on NAMA exploration and production. It's good to hear about the NI43-101 intended to be completed by end of June, but they also need to have the plan and actions accomplished to start some level of Cobalt mining by that time, per the agreed-to Zambia stated conditions.

Anyway, I think better days are ahead of us.

Have a good one.