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Share Name Share Symbol Market Type Share ISIN Share Description
Caledonia Mining Corporation Plc LSE:CMCL London Ordinary Share JE00BF0XVB15 COM SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 1,150.00 1,130.00 1,170.00 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 71.0 22.2 86.9 12.7 148

Caledonia Mining Share Discussion Threads

Showing 501 to 525 of 1100 messages
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DateSubjectAuthorDiscuss
28/9/2016
10:11
well done you rb5......given your "Bagging" expertise on this one, are there any others you are in you would still recommend? I am heavily into SHG and OMI at the moment as operationally leveraged plays to POG....thanks QS99
qs99
28/9/2016
10:09
CMCL motoring nicely along
qs99
23/9/2016
15:37
Nichols: Gold Entering Phase With Support Coming From Non-Fed Factors

Friday September 23, 2016 09:05
Veteran gold analyst Jeffrey Nichols looks for the precious metal to enter a new phase in which Federal Reserve monetary policy becomes less important and the yellow metal derives support from Asian physical demand and a faltering U.S. economy. The market lately has been trying to gauge when the Fed might hike interest rates by another 25 basis points, but Nichols argues that the belief that such an increase might send gold sharply lower “makes no sense.” The managing director of American Precious Metals Advisors argues that the Fed may have little room to hike by anything more than a “token” amount. “What’s more likely, the U.S. and global economic news will continue to disappoint – and this could be enough to support a rising gold price. Another near-term catalyst could very well be seasonal buying from both India and China, the world’s two-biggest gold-buying nations,” he says. “Gold demand in India has a strong seasonal component, reflecting the annual monsoons, the associated rise in agrarian incomes, and the autumnal festivals beginning in the September-October period. Gold demand in China also typically picks up late in the year in anticipation of the Lunar New Year holiday occurring this year in January 2017. In addition, once it is clear we are in a rising market, Chinese gold buyers are likely to chase the market higher, fearful of missing out on still-attractive prices.”

By Allen Sykora of Kitco News; asykora@kitco.com

338
23/9/2016
14:52
some buyers at Canada $2.24 or 131p ... awaiting for resource update from 3 sites (AR South, AR Main and Eroica)
338
23/9/2016
07:22
Are the gold miners still good investment?

D b

dontbuuy
22/9/2016
07:22
if the price of gold can really hit $1900 / oz in Dec

gold producers could double or triple their share price

hxxp://www.marketslant.com/articles/gold-could-touch-1900-year-end-mcewen

338
22/9/2016
07:11
Closing price at Canada $2.15 equal to 125p ... keep moving upwards
338
21/9/2016
07:13
Up again. 3 bagger on these now. Just wish I'd bet the farm.
rb5
15/9/2016
11:07
No, that's interesting. Cheers. I guess if they buy in Zimbabwe it should be cheap as the market doesn't value assets there.
stemis
15/9/2016
09:55
SteMiS,

As I don't hold shares in this company I don't know what news is out there already. I spent time talking to the Chairman and FD (?).My initial thoughts were Zimbabwe so stay clear but that's not an issue. Unemployment is 90%+ and they employ a lot of local people so no unrest. The amount of gold they produce each month can be carried in a suitcase. They drive to the SA border with no problems but once over the border it's big security on route to Joberg. Equipment repairs etc are no problem - a short drive from SA. Zimbabwe is short of $ but they have no problems so far getting money out of the country. There's more on the country issues but I came away realising it's not the problem that I had assumed.
On the mine they are expanding to new depths below 750m as there's more gold to be mined. They plan to move from 40k oz to 80k oz. They have a vertical mine unlike the S African mines so costs lower. The SA mines go outwards at depth and the weight of rock above them on long runs means a lot of expensive supports. They use timber as it fails slowly, concrete/steel just snaps. The timber supports close in 3 weeks from installation. Vertical mines as per CMCL don't have that problem. Costs are also lower as the rock is old so no big cooling costs. It's 24 c at the face. Temperature control is a big cost for the SA miners.
Looking forward as well as the expansion they're looking at acquisitions, they won't touch SA too many problems but would be happy to add in Zimbabwe.
They like the gold price increase but on a cost basis they can handle any price falls so quite relaxed on that front. They gave production costs which I have somewhere in my notes.
If you have questions I'll see if I can dig out any answers from memory/notes.

serratia
15/9/2016
08:35
What was said?
stemis
14/9/2016
22:13
Good presentation at Proactives tonight.
serratia
14/9/2016
16:46
fair enough, CMCL definitely in a sweet spot of having achieved operational consistency and real shareholder returns and thus deserving of premium rating right now
the stigologist
14/9/2016
16:18
Hello Stigo,

I think the profit margin of CMCL is much higher than ASA because the cash cost for CMCL is under almost 30% lower than ASA. so, ASA will struggle if the gold price suddenly drop to under $1100/oz

In regards to producing gold CMCL will ramp it up to 60-65k in 2017 and then 80k in 2018. I believe the share price will explode if they can confirm that the reserve under 1100 meters is enough to produce at 80k+ for 20 years or so

Financially CMCL also healthier (no debt, nice dividend, etc) and CMCL has only circa 52 millions shares in the market comparing huge number of shares of ASA


However, both enjoying a good run at the moment so let's just enjoy it together.

Cheers
338

338
14/9/2016
14:05
The Stigologist14 Sep '16 - 10:21 - 855 of 858 0 0 Edit

An announcement of ASA Gold IPO would be huge news

Imagine if they list it in China !

CMCL is producing 40-50k oz p.a. in Zimbabwe and is valued at £60m

ASA Gold producing 80k+ p.a. could be valued at £120m by itself ?

You could be looking at a 5 bag just on the Gold assets

the stigologist
14/9/2016
14:04
What do you think of ASA ?
the stigologist
14/9/2016
14:01
few trades at offered price of $2.05 (118p) in Canada
338
13/9/2016
21:00
closed at Canada $2.05 is equal to 118p for CMCL ... nice one
338
13/9/2016
14:02
CALVF in Nasdaq is now US$1.52 or equal to CMCL of 115p .... L2 shows that it will take a daily average volume to break US$1.60 or 120p if buyer > seller

moving upwards soon :)... don't miss the boat

338
09/9/2016
12:30
big old jump up today, anyone know why?
qs99
08/9/2016
06:18
http://www.kitco.com/news/2016-09-07/Ignore-the-Fed-Hype-Gold-Prices-To-Rise-Gerald-Celente.html



Ignore the Fed Hype, Gold Prices To Rise – Gerald Celente

Wednesday September 07, 2016 14:25
The way market participants are pricing in U.S. rate hikes seems to be following a similar pattern as it did in June, according to one longtime trend forecaster, and if history repeats itself, gold stands to gain. “[J]ust as we had forecast back in June that there would be no interest-rate hike despite Yellen’s statement to expect one ‘in the coming months,’ so too we forecast no rate hike until after the U.S. presidential election… if at all this year,” notes Gerald Celente, publisher of the Trends Journal. Gold continues to be sensitive to shifting rate-hike expectations, however, since the weak jobs data from last Friday, prices have recovered. Markets are pricing in an 18% chance of a rate hike in September, and December Comex gold futures settled the day at $1,349.20 an ounce, relatively flat on the day. However, Celente said that investors need to ignore the “Fed hype” and reiterated that gold will be in a strong bull market. “While eight years of massive global central-bank quantitative easing and low-interest rate/cheap-money schemes have boosted equity markets, dismal Gross Domestic Product, wage and productivity data prove central-bank policies have failed to generate true economic growth,” he said. “Thus we maintain our forecast for equity market volatility and a strong bull market for gold when prices stabilize above $1,400 per ounce.”

338
08/9/2016
06:15
http://www.kitco.com/news/video/show/For-Petes-Sake/1352/2016-09-07/Gold-Market-Not-Factoring-In-Sept-Rate-Hike-Metal-Looks-For-Catalyst---Peter-Hug



Gold Market Not Factoring In Sept. Rate Hike; Metal Looks For Catalyst - Peter Hug
Sep 07, 2016
Guest(s): Peter Hug Director, Global Trading, Kitco Metals

Gold and silver prices ended weaker Wednesday, after gains that pushed both metals to three-week highs overnight. Where do the metals go from here? Kitco’s global trading director Peter Hug joins Kitco News to talk about gold and silver’s recent price action. The metals have been trading in relation to shifting rate hike expectations but Hug says he doesn’t see the Federal Reserve making a move in September. ‘I don’t believe the gold market is even factoring in a September rate increase. If the Fed surprises the market and does go a quarter-point in September, I do think you will get a selloff in gold,’ he said. ‘I consider that selloff though to be a buying opportunity.’

338
07/9/2016
07:11
CALVF = $1.49 in Nasdaq and Canada $190 equal to CMCL = 110p .... moving upwards soon
338
06/9/2016
14:43
the gold price is breaking $1340 / ounce

http://www.kitco.com/charts/livegoldw.html

338
06/9/2016
13:40
CALVF = $1.46 in Nasdaq equal to CMCL = 109p .... moving upwards soon
338
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