Caledonia Mining Share Discussion Threads

[andrbea] 27/2/2008 14:53

cal: 2.68% at open

[andrbea] 27/2/2008 14:08

last poster on cal thread (tsx)


I've got all my money parked on Caledonia now...and the market doesn't consider us a gold miner anymore because Zimbabwe doesn't count at the moment.

So...we're in the cobalt business now. Check the Caledonia website and all you see are moon-like rocks. At least they've updated the website to reflect what we're mainly focusing on these days.

Cobalt is doing well at the moment though and hey....you never know, right?? Our ship may still come in after all. Don't forget...this company has been at around $10 bucks twice before in its history. There were a lot less shares then though.

Good luck with Caledonia and all your other plays.

Deet....in Germany till June.

[andrbea] 25/2/2008 16:07

over on cal bullboard (just now)
3 posters:


1. Caledonia Mining Corp Accepts Offer Of R70 M For Barbrook Gold Mine
9:02am ET (Dow Jones Newswires)

2. Great news.. more time and money to concentrate on the NAMA project.

3. Great NR today from CAL. This demonstrates management's willingness to puritize CAL with a more intense focus on cobalt than on having a litany of resources and hence the holding company discount. Furthermore, as CAL will need to raise some $$$ to build the cobalt concentrator, this should mean less dilution for us, the shareholders.

[andrbea] 22/2/2008 16:27

cal: 11.43%

[andrbea] 22/2/2008 14:52

cmcl doesn't seem to follow cal

cal 10% on the 19th no change to cal

cal up 2.9% now, ditto

[andrbea] 19/2/2008 18:08

now up 10%

[andrbea] 19/2/2008 15:05

over on tsx

cal is up 6.67% today

[andrbea] 04/2/2008 15:42

up 12.12% (tsx)

[andrbea] 04/2/2008 15:17

strong level 2

(tsx)

[andrbea] 04/2/2008 14:57

up 9% on tsx (at open)

[andrbea] 01/2/2008 15:24

up 6.25% (cal on the tsx)

[andrbea] 01/2/2008 14:30

cmcl have a platinum project too


sentiment:

RECORD HIGH PLATINUM
Platinum hit record highs as the protracted power crisis in producer South Africa, which accounts for 80 percent of global output, spurred buying from investors and auto makers.
Platinum jumped as high as $1,744/1,748 an ounce from $1,730/1,735 late in New York on Thursday. The metal surged 37 percent in 2007 and added 14 percent more so far this year.
"We expect acute South African power problems to cost the platinum industry about 200,000 ounces of platinum production in the first quarter of 2008," John Reade, analyst at UBS Investment Bank, said in a note.

[andrbea] 31/1/2008 18:18

up 3% on tsx

as more news hits the wires:

Caledonia Mining Signs Marketing Agreement with MRI Trading AG
Last Update: 1/31/2008 9:02:28 AM

TORONTO, ONTARIO, Jan 31, 2008 (MARKET WIRE via COMTEX) -- Caledonia Mining Corporation ("Caledonia") (CAL)(CALVF)(AIM: CMCL) is pleased to announce it has appointed MRI Trading AG as the worldwide agent for Caledonia Nama Limited, excluding China and Taiwan which is handled by Pan Asian Oasis Inc., for the marketing and administration of long term cobalt hydroxide off-take agreements.

MRI Trading AG is a top-tier trader of non-ferrous concentrates, minor metals and other raw materials. It is part of the MRI Group of companies and a leading investment and trading group in the commodities arena. The MRI Group has a global presence through its offices in Beijing and Shanghai, Santiago de Chile, Lubumbashi, Johannesburg, New Delhi and Brisbane.

Pan Asian Oasis Inc. has for the past few years been active in assisting major refineries and companies in China and Taiwan with securing long term strategic supplies of cobalt, copper and other non-ferrous metals.

[andrbea] 30/1/2008 16:27

another summary (from yesterday)



CALEDONIA MINING CORPORATION (OTCBB: CALVF)

"Up 71.84% in morning trading"



Detailed Quote:



Canadian registered Caledonia is a mine, development and exploration company with assets in Africa. The Company's current focus is its producing Blanket gold mine in Zimbabwe, development of the Nama cobalt project in Zambia and the Rooipoort platinum-nickel exploration project in South Africa. As one of the world's largest known primary cobalt oxide deposits, the Nama Project is Caledonia's most exciting development project. The signing of the first cobalt offtake agreement with a large Chinese refiner will enable Nama to move into mine development, with first production targeted in early 2009. The deposit will be mined by open-pit and conventional cobalt extraction to produce a cobalt hydroxide. The producing Blanket gold mine is currently completing an expansion to increase annual production to 40,000 ounces/year from 20,000 ounces/year. The Rooipoort platinum-nickel exploration project is located on the Northern side of the Bushveld complex, about 300kms north of Johannesburg. Caledonia has a strong, experienced management team and Board of Directors with diverse expertise in gold production, exploration, mine development, finance and marketing.

[andrbea] 30/1/2008 15:40

good summary

[andrbea] 30/1/2008 15:22

1 hour ago

Caledonia Mining Corporation (OTCBB: CALVF | news | PowerRating | PR Charts ) up 64% on 16.6 million shares traded.

Caledonia is an African focused mining company with an exciting cobalt development project in Zambia, a gold mine in Zimbabwe and a platinum-nickel exploration project in South Africa. On Jan. 29th 2008, the company was pleased to announce the signing of a cobalt off-take agreement with a large Chinese refiner. Under the terms of the agreement, Caledonia will supply a minimum of 21,000 tonnes of cobalt metal equivalent in the form of cobalt hydroxide from its Nama Cobalt Project over the next six years. The agreement specifies that the price shall be based on the published monthly average for 99.3% cobalt from the London Metal Exchange, and contains a guaranteed "Take or Pay" minimum cobalt price of US$12/lb of cobalt metal. The agreement is renewable.

[andrbea] 30/1/2008 15:20

now up 8.8% on tsx

[andrbea] 30/1/2008 15:14

well, yesterday:

cmcl land a Chinese take-off partner for their cobalt project
and the share price rises 70% in Canada

today, at tsx open, another 5.88% higher

and here the share price is flat today... no posts from happy punters.. total apathy or ignorance?

[andrbea] 30/1/2008 08:14

7 hours ago

TORONTO - Some of the most active companies traded Tuesday on the Toronto Stock Exchange and the TSX Venture Exchange:

Toronto Stock Exchange (up 59.53 points to 13,046.43):

Caledonia Mining Corp. (TSX:CAL). Precious metals. Up seven cents, or 70 per cent, at 17 cents on 19,754,475 shares. Shares jumped as much as 120 per cent in early-morning trading after it announced an agreement to supply cobalt to a large Chinese refiner.

[andrbea] 30/1/2008 08:13

TORONTO - Caledonia Mining Corp. shares (TSX:CAL) jumped as much as 120 per cent Tuesday, to 22 cents from a dime, after the company announced an agreement to supply cobalt to a Chinese refiner.

Caledonia said it will provide at least 21,000 tonnes of cobalt metal equivalent in the form of cobalt hydroxide from its Nama project in northern Zambia over the next six years to the unnamed large Chinese refiner. The price is based on the London Metal Exchange monthly average, with a take-or-pay minimum of US$12 per pound.