Caledonia Mining Share Discussion Threads

[tadtech] 22/11/2017 13:41

This company pays a dividend and currently yields 4.5% which is covered 4 times by earnings.

Edison recently covered the stock and offered a price target north of £9, that was before the Mugabe news and the recent record Q3 gold production statement.

Funds based in South Africa have been building their positions, another fund from Germany has acquired just under 10%.

Worth a read, target prices of £9.30p and £9.50p depending on thr gold price.

[daz] 22/11/2017 13:20

While there is uncertainty around what will happen next, I lean towards being positive as you would think the new leaders will want to re-integrate with the world economy as the growth that that implies should lead to more prosperity.
Knowing the country well must be a big advantage for CMCL, if the new regime is more mining friendly.

[stemis] 22/11/2017 11:25

It clearly depends on what takes over from Mugabe. However if it's a regime which seeks to attract foreign capital and restore prosperity then the precursor must be normalisation of the business environment (rather than the economy being the private bank of Mugabe and his cronies) . That's got to be good for Caledonia, which trades on a current P/E of around 5 with net cash and big expansion in the future

[stoneme] 21/11/2017 18:46

This looked a great investment even before this news. . . Whilst potentially unsettling for a time, this can only be good news!

[temmujin] 19/11/2017 12:50

although i think VAST resources is the better buy if they can get their Maranga mine back

[temmujin] 19/11/2017 12:49

mugabe out now...might buy in monday

[ukgeorge] 15/11/2017 12:32

I'm tempted to buy :) be interesting to see how the US takes the news

[ukgeorge] 15/11/2017 12:32

From share price Angel

Zimbabwe – The army takes control of Harare, national broadcaster, airport and the personal residence of the head of state.
• Military actions are seen as a pre-emptive measure to stop Grace Mugabe, the president’s 53-year-old wife, and her allies to succeed the President.
• Developments are believed to have been sparked by a sudden dismissal of Emmerson Mnangagwa, the vice-president, veteran of Zimbabwe’s liberation war and the expected successor to Robert Mugabe.
• Mnangagwa, a former Minister of State Security and Minister of Defence, has close ties with military forces with separate reports saying former Vice President has already flown back to Zimbabwe to potentially take control of the government.
• Maj Gen Sibusiso Moyo has stated that this is not a coup and that the president and family are safe and sound and their security is guaranteed while actions are targeted at removing “criminalsR21; around Robert Mugabe.
• The army has taken over the state ZBC TV station and announced that it is seizing power to target "criminals" around President Robert Mugabe, people who have caused ‘social and economic suffering’.
• Zanu-PF had accused Gen Chiwenga of "treasonable conduct" following comments that the army was prepared to end the recent political purges within Zanu-PF.
• The Army have arrested the Deputy Director of the Central Intelligence Organisation and the President of ZanuPF National Youth League who is a known supporter of Grace Mugabe.
• The military and the people are reported not to be keen to see the empowerment of Grace Mugabe and the empowerment of a Mugabe dynasty. They are also unhappy at the purging of a number of former war veterans from the liberation of Zimbabwe in the 1970s including Mr Mnangagwa.
• While the military action has been described as a ‘bloodless correction’ it is possible that the political transition may be used as an opportunity to settle a number of old scores.
• In 1980 Robert Mugabe signed an agreement with North Korea to train and equip the Fifth Brigade for the Zimbabwe National Army.
• The Fifth Brigade brutally crushed ZAPU resistance in Matabeleland with atrocities committed in which >10,000 civilians were reputedly buried in mass graves. The Matabele may well seek revenge against the Shona for the ‘Gukurahundi’ meaning, ‘the rain which washes away the chaff before the spring rains’.

[fredfishcake] 15/11/2017 11:18

Can't sell shares through SIPPDEAL or Charles Stanley. Let's hope the rule of law triumphs.

[stoneme] 10/11/2017 07:51

Good update folks?

[stemis] 05/10/2017 08:36

There you are. Strong production figures and reiterate 80,000 oz target for 2021. Just a waiting game till this goes through 800p...

[338] 05/10/2017 07:41

My price target is now 2, 500 pence or £25 per share ... good luck everyone

[dr know] 01/10/2017 21:29

Denver Gold Forum presentation 27th September 2017 by Mark Learmonth.

Sorry but every time I post a clickable link it is removed. Go to the link below and Caledonian are under the Wednesday tab.

www.denvergoldforum.org/dgf17/dgf17-webcasts/2017-ondemand-webcast/

[joan of arc] 25/9/2017 18:02

I do not understand why CMCL is performing so badly these days. Could there be some government shenanigans in the background? Thoughts anyone?

[goldguru2017] 18/9/2017 10:56

Please allow me to bring your attention to this low-market capitalisation, high potential gold/copper exploration company that has assets in the ‘Eye of the Storm’ – the White Gold Area in the Yukon, Canada.

Kestrel Gold (TSX Venture Exchange symbol KGC.V)

- Junior gold/copper exploration company
- Recently acquired acreage in one of Canadas most prolific gold areas – the ‘Eye of the Storm’ White Gold Area in the Tintina Gold Belt.
- Easily accessible, excellent infrastructure, safe jurisdiction.
- Sampling just finished, funded drilling programme about to commence
- >100g/T Gold sample from Clear Creek – excellent potential
- Relative low market cap – CDN$4.2 million
- CEO with proven track record of growing public companies share price by multiples
- Leading Canadian gold geologist, Jean Paulter, running drilling campaign
- Nearby to discovered goldmines (Coffee, Golden Saddle)
- Val Jual /10 Mile Creek acreage surrounded by active 2017 programs by other companies
- Drilling news flow expected before year-end

[...]

Please do your own research on the Company before investing. Thank you for your time.

[edjge2] 12/9/2017 10:40

no violume,cannot trade these. Something to do with US listing?

[sharesoc] 11/9/2017 14:30

Book your place at our growth company seminar in Leeds on the 19th September

Caledonia Mining will be presenting and is a great chance to ask questions to one of their board members who will be giving the presentation.

[happyholder123] 09/9/2017 09:29

HNR -
TWO wells successfully drilled with abundant oil and gas in samples extracted!
Fracking and FIRST OIL next month!
Don't miss this train!

[davidosh] 08/9/2017 13:07

Caledonia are presenting at the next ShareSoc event in Leeds on the 19th September....I am hosting this one and all are welcome to come along. Some good companies to see..

[stemis] 05/9/2017 10:36

Allan Gray funds buying. Now hold 19.38% in total. These guys are a South African based investment house so I imagine they have a decent insight into the political situation in the area.

[sharesoc] 25/8/2017 15:12

Caledonia Mining present at our Leeds growth company seminar coming up on the 19th September. It may be of interest to potential investors and current shareholders. There will be a chance to ask questions and is a great opportunity to network with fellow investors at the event. Register here:

[speccy1] 16/8/2017 18:28

If for no other reason than to move the last post date on from 12th July, here's a link to an interview on Proactive Investors

hxxp://www.proactiveinvestors.co.uk/companies/stocktube/7926/caledonia-mining-optimistic-despite-challenging-second-quarter-7926.html

Hmm - putting upper case Ts in http used to let the link through but not today so I shoved some x's in...