Caledonia Mining (CAL T) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Caledonia Mining (CAL T)

CAL 12.82

-2.1%

Jan 7 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bobby Yellin who wrote (24)	9/29/1997 4:18:00 PM
From: MoneyPenny	of 58

I have owned CALVF for a couple of years. I bought at 2.75 and sold all but a few blocks at $9. Kept my original investment in and have seen it drop to nil. I think it basically trades in large blocks like a penny stock...easy to make 10% in a day, etc. At these levels a .03 rise is a huge pop. This is just my guess as there seems to be no other news to propel it at this point. The big activity in this stock until last November, 1996 was from it's position on a tout list from a newletter called The Oxford Club. They were very strong on this stock for a long time, touting it as a $65 (!) stock by 2000. They've lost their senior management and all contacts and the newletter advised a sell last Nov. or Dec. if I remember right as they claimed they could not get satisfactory answers from managment about future leadership, joint ventures etc. I haven't sold my last few shares as I keep thinking something will happen and I basically consider them free at this point. Their investor office is not very forthcoming with information and their site is not all that useful anymore. Just cruising today looking for info on Phelps Dodge when I ran across this link and thought I'd "share". Sharon

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next