You think you like the dividend now just wait till the beginning of 2018 when they double it. With all the major capital spending on the main shaft done and production increasing and costs going down and down and down. Should get huge boost in share price going into fall of this year and into 2018. Now if gold jumps as well in the fall, which is quite easily possible, we could have a windfall in this stock.
Other gold companies have come down to the point of being almost as cheap as CAL. Looking at some but they are not as simple of an investment than CAL becuase they still have to spend to get their growth, CAL doesn't since it will have done all the spending after this year..
Anyway, should be a fun ride going into the fall this year in CAL. I am also Looking forward to my $1000.00 CAL dividend cheque end of this month. Will probably buy more shares if someone out there is dumb enough to hand over shares at $1.67 like happened on Monday of this week. by rawcolt yhank for good info -
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