Everyone wants to get in to good dividend paying Gold Miner at the bottom - the strategic buying will be heavy into the low cost gold miners in early 2014 - :-)
Caledonia mining Corp. - “Cash costs at the Gold mine are running at around $600/oz, which positions the company well to keep generating cash to self-fund expansion and pay dividends to shareholders.
CAL has more than $25 million in cash in Western banks and NO DEBT --
Caledonia Mining increasing gold production and dividends By Jeremy Naylor December 09 2013, 1:14pm
Mark Learmonth, Caledonia Mining (LON:CMCL TSX:CMCL), tells Proactiveinvestors says that the company continues to increase production and hopes to be able to continue to cut production costs. Mark also says that, with six-times cover, the dividend is very stable and makes for an excellent opportunity for investors.
CALVF with $25 million Cash Should Buy BACK CALVF SHARES ~ *~<:-))
CALVF Best Buy On the Market - Caledonia mining Corp. - “Cash costs at the Gold mine are running at around $600/oz, which positions the company well to keep generating cash to self-fund expansion and pay dividends to shareholders.
CAL has more than $25 million in cash in Western banks and NO DEBT --