Replies to post #2907 on JER1’s Investment, Trading & News Chat

[NYBob]

JER thanks, well CALVF's Gold operating costs in the quarter
decreased to US$547 per ounce :-) GOLD compared
to US$648 per ounce in Q1.

Caledonia has made well over US$100,000,000
from gold production at their Blanket Mining operation.
The company is also now in the process of reconditioning and/or
adding infrastructure on 3 additional satellite mines to increase
their production to around 50,000 Au ounces per year.
That makes for a lot of gold bars.

Note.
CALVF also told investors that in last month alone (July),
the company produced 4,708 ounces.

ex.
even if the gold production stay @ 4,708oz/mon for next 12 mon.
its Au 56,496 oz/year :-) and with POG @ $1735.-/oz its
about $100 million/year
CALVF has about $20 million in cash - NO DEBT -
and the Blanket Mine running still only @ half its production capacity :-)


btw.
CALVF has increased their gold production every quarter -
ex.
CALVF produced 11,560 ounces of gold in the second quarter -
26 per cent more than the preceding quarter -

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79373404


CALEDONIA GOLD #1 SCOTTISH RIGHT WAY TO GO -

http://www.caledoniamining.com/pdfs/CALPres08142012.pdf

CALEDONIA GOLD Celtic Thunder -

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73455882

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78374452


God Bless

Ps.
Low cost Gold mining offer great protection located outside
of the US bs khazarian 666-elite banksters cult -
http://doreenellenbelldotan.info/AdolfRothschildHitler.htm
- the prime axis of fascism & nazism.

Beware: stay out of banksters ETFs -