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gb55

10/04/09 11:59 AM

#43627 RE: **D*A** #43602

in june there were 34,430,000 options...the wording in the press release is coRnfusing...what is the average price? .17 cents? odd how they worded that....anyway...since june the number of outstanding options has decreased by 2,000,000 and the chart reflects that... being rejected at the .07 level several times.....when would the remaining options be reduced? looks like it would definetly put a cap on this stock at .07 for some time....IDKS

TORONTO, ONTARIO--(Marketwire - 09/04/09) - Caledonia Mining Corporation ("Caledonia") (TSX:CAL - News)(OTC.BB:CALVF - News)(AIM: CMCL) proposes to reduce the exercise price of 32,580,000 share purchase options currently outstanding from exercise prices

>averaging approximately $0.1719 per share to $0.07 per share<.