These 100 Analysts Now Say Gold Will Go To $5,000/oz. – or More!
"100 of the 150 analysts who have gone public in maintaining that gold will eventually go to a parabolic peak price of at least $2,500/ozt.+ before the bubble bursts believe that gold will reach at least $5,000 per ozt. Take a look here at who is projecting what, by when. " http://www.munknee.com/2011/09/these-100-analysts-now-say-gold-will-go-to-5000ozt-or-more/ TIA
CALVF Gold Probes Back Above $1900 :-) - Sep 5th, 2011 08:42 by News September 05 (GOLD) —
Gold has traded with a $1900 handle in thin holiday trading, spurred by concerns that German support for various bailout facilities may be fading after German Chancellor Angela Merkel’s CDU party suffered yet another election defeat; this time in her own home state of Mecklenburg- Western Pomerania. The euro has fallen sharply, European stocks are under pressure and periphery debt spreads continue to blow out. Greek 2-year yields have pushed to record highs above 50%.
Gold is being supported by solid safe-haven interest.
US markets are closed today for the Labor Day holiday.
Caledonia Mining Corporation is a well diversified company -
The Blanket Gold Mine located in Zim have many advantages
CALVF GOLD's low cost production leader Au$585.0/oz - :-)
CALVF's BLANKET GOLD MINE Production Au 40,000 oz/year - :-)
CALVF has some advantages with comparison to USA and Canada - e.g., low taxes; Corporate Income tax at 25% - lower labour cost but a happy work force smile Indigenisation program Mugabe talked about for 20 years - but the leading Peoples opposition don't want - year 2015 is a deadline - self declared king pin Mugabe 88yrs old is sadly in serious cancer sickness - Blanket Gold Mines Project - the capacity of the secondary and tertiary crushers was increased to over 2,000 tpd and the capacity of the rod mills was increased to 1,800 tpd. The product from the regrind mill is pumped into a carbon in leach ("CIL") plant consisting of eight, 600 cubic meter leach tanks equipped with 45 kW agitators where leaching at 50% solids and simultaneous adsorption of dissolved gold onto activated carbon takes place. The CIL plant has a design capacity of 3,800 tonnes of milled ore per day. Elution of the gold from the loaded carbon and electro winning is done on site. Gold is deposited onto wire wool cathodes, the loaded cathodes are acid-digested and the resultant gold solids are smelted to produce gold bullion of approximately 90% purity, prior to Blanket exporting it directly to Rand Refinery in South Africa for final refining and sale. The full proceeds of sale (i.e. before payment of any royalty) are paid to Blanket's foreign currency account with a commercial bank within approximately 7 days of receipt of the gold by Rand Refineries. http://www.caledoniamining.com/blanket3test2.php
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