Caledonia Mining Share Discussion Threads

[338] 16/8/2016 12:39

Edison's valuation for CMCL is revised to £1.74 based on EPS US$0.235 (2016)

with next year's expected EPS to double ( US$0.468 ) the valuation may be as high as £3.50, which will be closer to my target of £4.00 - ish

[338] 12/8/2016 12:30

Royal Mint sees surge in demand for gold bars and coins

By Brian Milligan
Personal Finance reporter

It seems the quest for gold is not currently limited to the venues of Rio de Janeiro.

The Royal Mint has said that it saw a "surge" in demand for the precious metal following the Bank of England's cut in base rates to 0.25% on 4 August.

During that week the Mint saw a 25% increase in transactions on its bullion website.

It also experienced a 50% increase in sales of gold bars and coins, compared with the previous week.

It is thought investors are turning to gold as cash and bonds offer diminishing returns, exacerbated by lower interest rates.




So far this year, the price of gold has risen by 45% in sterling terms, and 25% in dollar terms.

Record demand

"Although the stock market has been doing well of late, it didn't do so well at the start of the year, and there was a lot of volatility around the time of the referendum," said Laith Khalaf, senior analyst at Hargreaves Landown.

"That helps gold."

However he also warned that gold prices will not necessarily continue rising.

"It's worth pointing out gold is by no means a one way bet - in 2011 it was trading at above $1800 an ounce. It's an insurance policy for the rest of your investments and as such should make up no more than 5-10% of your portfolio."

Gold is currently trading at $1344 an ounce.

Earlier this week, the World Gold Council reported that global investment demand for gold hit a record level in the first six months of this year.

However consumer demand in countries such as India and China, traditionally among the strongest buyers of gold, was lower.

[338] 12/8/2016 12:17

Kitco News -- Once a non-believer in gold, this financial advisor says he is now bullish on the metal and is eying the $1,800 level by year-end. 'It starts with my acceptance that interest rates will continue to go lower. It has been the main discussion for many years now, that there is a bottom in interest rates and they will start to go up. I don’t see that happening anytime soon. In fact the ECB lowered interest rates mid-2015, and Japan followed this year, so more than 500 Million people now live in an environment where saving money in a bank guarantees a return of less than their money,' says Craig Ferrantino, president of New-York based advisory firm, Craig James Financial Services. Ferrantino also coined the term the 'Mr. Robot,' effect - he says the world of cyber hacking and global uncertainty will only add to gold's rise. 'The U.S Elections, Russia and China aggressions, the Iran agreements and the Mr. Robot effect, all make for great uncertainty in the future stability of the world economies and has increased demand for gold,' he said. Gold prices ended the U.S. day session with modest losses in a two-sided trading session Thursday. December Comex gold settled the day down $1.90 an ounce at $1,350. (show less)

[stemis] 11/8/2016 23:29

Good to see the on mine cost falling as production increases. It's what they predicted but always nice to see a company delivering on it's forecasts...

[338] 11/8/2016 15:26

CMCL shouldn't be a penny share anymore

[pyemckay] 11/8/2016 12:38

quick scan and looks like decent results, need to check hedging policy though later when I have time

[338] 11/8/2016 12:15

Investors' rabid appetite for gold is showing no signs of abating, as figures from the World Gold Council show record investment in the first half of 2016.
The trend for exchange-traded funds (ETFs) to pile in to the precious metal, a classic safe haven amid uncertainty in the global economy and the search for yield, sent the price of gold (CEC:Commodities Exchange Centre: @GC.1) soaring by 25 percent in the first half of the year, the biggest price rise since 1980 . For the first time ever, investment, rather than jewelry, was the largest component of gold demand for two consecutive quarters.
Demand by investors set a record of 1,064 tons during the first six months of 2016. For comparison, this was 16 percent higher than in the first half of 2009, when the financial crisis raged.
At the moment, geopolitical uncertainties include: unrest in the Middle East; the fallout from the U.K.'s vote to leave the European Union; the U.S. presidential elections and the Italian banking crisis.


Individual investors, faced with historically low interest rates on savings accounts and concerns about the future of the economy, have also been buying up gold bars and other small gold investments like the U.S. gold Eagle coins – demand for which has jumped 84 percent this year.
On the other hand, the jewelry market was described as "anemic" by the World Gold Council.

[338] 11/8/2016 08:21

Revenue, cash from operating activities, total assets, earning per share are going up.

[338] 04/8/2016 14:00

Pound drops, BoE cut interest rate, more QE... those are good for gold and CMCL :)

[338] 02/8/2016 13:18

The gold price looks heading to $1400/oz pretty soon

[dice1950] 28/7/2016 21:25

SP Angel
Today's Market View - Anglo American, BHP Billiton, Caledonia Mining, Herencia Resources, Gemfields, Savannah Resources
28 Jul 2016


Anglo American (LON:AAL) – Interim Report highlights stronger balance sheet
BHP Billiton (LON:BLT) 977 pence, Mkt Cap £57.3bn – Samarco update
Caledonia Mining (LON:CMCL) – Increased ore resource at the Blanket mine
Herencia Resources (LON:HER) – Herencia complete sale of Paguanta in nick of time
Gemfields (LON:GEM) BUY, Target 82p – shares look good value following pullback in stock
Savannah Resources (LON:SAV) – Exploration underway at lithium projects in Finland

[sophiegb] 28/7/2016 14:14

new video at Proactive Investors is here:

[338] 28/7/2016 08:26

closing price in USA and Canada was 92.5p last night :)... so we should see much bigger movement soon

[338] 28/7/2016 08:24

67% increase of mineable tonnes in Blanket section should double the value the company.... other 3 sections of mining site will be upgraded in Q3/Q4...

Up we go ... :) .. don't miss the boat



"...This upgraded Indicated Resource of 343,000 tonnes, combined with the resources upgraded during 2015, have increased the quantum of reserves and indicated resources that may be used in the life of mine plan from 2,934,000 tonnes used for the Technical Report prepared by Minxcon in December 2014, to 4,889,000 tonnes currently and represents an increase of 67% per cent in terms of mineable tonnes and hence in the life of the mine."

[338] 20/7/2016 07:05

US$1.21 and Canada $1.59 at closing hours last night... that's equal to 92p :)

[aim_trader] 18/7/2016 13:30

Caledonia Mining will be updating investors at the upcoming Proactive One2One Forums:

Dublin - 13th September, 6pm. Details and Registration here:

Manchester - 14th September, 6pm. Details and Registration here:

London - 15th September, 6pm. Details and Registration here:

[338] 15/7/2016 16:25

last chance to pay under 90p-ish

[338] 13/7/2016 09:38

Toronto Stocks Rise Amid Growing Investor Confidence

[338] 13/7/2016 07:32

Gold us$5000/ounce by 2020?

hxxp://moneymorning.com/2016/07/12/why-gold-prices-could-surge-to-5000-by-2020/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+USMoneyMorning+%28Money+Morning%29

[338] 12/7/2016 08:14

Having 5.5 cents yearly dividend, I am expecting a yearly earning of 17c - 21c this year

[338] 11/7/2016 08:13

Q2 production was ahead of the plan... very good