CALVF' subsidiary Blanket Gold Mines & Infrastructure - would cost a $billion + + in est. of development cost @ current prices - excluding....and not included for ex.... all Gold Reserves with much more than a million ounces @ production profit of more than $1000/oz is another $billion + + worth - vs. current Market Cap: $41,045,041 = less > 1/50 of the CALVF subs. Blanket Mines real asset values add all the rest of CALVF properties for ex. NAMA Copper & Cobalt 800 Sq.Km. of one of the richest copper belts in the world which indicate huge shallow very rich copper res. est. worth in the billions -
dd....CALVF super rich hard asset precious & base metal bargain bottom fishing treasure values - fyi....
Caledonia Mining continues its "steady progress" with a strong cash position -
Mark Learmonth, VP Corp Dev & Investor Relations at Caledonia Mining, tells that the company remains on its path of "steady progress". Mark says that gold production is ahead of targets and it remains the case that Caledonia continues to build its strong cash position. Mark says that Caledonia is a growth company and continues to look and evaluate the options for its cash.
Caledonia Mining Corporation - consider a subsidiary sold the percentage for $30 million to be received - without any capital gain tax and will create a happier work force who has become part owners :-) when the $30mil been received by Caledonia Mining Corporation's subsidiary; Blanket Gold Mines - :-)
who got a very substantial part of Zim's huge green stone belts for activating very many old Gold mines - within the Blanket Gold Mines Fields & Gold Fields Expansion and Development Projects -
CALVF Q1Rep. Net profit $7,111,000.-- after tax :-) for the 1stQuarter 2012 was $7,111,000.-- :-) welcome back to Caledonia Mining Corporation (CALVF :-) good to see you and thanks for your opinion :-)
CALVF Q1Report; Net profit after tax for the Quarter was $7,111,000.- compared to $1,369,000 in the preceding quarter (which included an impairment of $3,884,000) and $1,894,000 in the comparable quarter.
Basic earnings per share for the Quarter were 1.4 cents per share, compared to 0.27 cents in the preceding quarter and 0.38 cents in the comparable quarter.
At March 31, 2012 the Corporation had cash and cash equivalents of $16,288,000.-- compared to $9,686,000 at December 31, 2011 and $2,217,000 at March 31, 2011.
Cash flow from operations in the Quarter before capital investment was $8,130,000 compared to $3,506,000 in the preceding quarter and $4,686,000 in the comparable quarter.
a subsidiary to CALVF holding the Blanket Gold Mine, its 51% is sold for $30 million and it may be final agreement by 2014 - mugabe has used it to gain votes for the last 20yrs - but lost the last election to - Prime Minister Tsvangirai of Zimbabwe - who got the majority and should be the President - don't want it (and declared it null and void) - mugabe 88yrs old with prostate cancer etc. the time working in the right direction for CALVF -
Welcome to CALVF - Caledonia Mining Corporation -
well, good to see all @ CALVF :-)
Presentations 2012 04-18-2012 Global Mining Finance Spring Conference, London -