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Gold/Mining/Energy : CALEDONIA MINING CORPORATION - (Bull Forum) - -- Ignore unavailable to you. Want to Upgrade?

To: NYBob1 who wrote (4)	4/25/2007 4:45:33 AM
From: NYBob1	Read Replies (1) \| Respond to of 16

China to Invest $200 Mln in Zambia Mine - China will invest $200 million in a Zambian mine as part of Beijing's effort to ensure a stable supply of raw materials, an official said on Wednesday. "We are investing $200 million," a Zambian-based official from the state-owned China Nonferrous Materials Industry Engineering and Construction Group told Reuters. He said the rehabilitation of the Chambishi copper mine was at an advanced stage and production was expected to resume later this year. "We expect copper production to start again before end of this year," said the official. The Chinese group bought an 85 percent stake in Chambishi from largely state-owned Zambia Consolidated Copper Mines (ZCCM) in June 1998 for $20 million in cash. ZCCM retains a 15 percent stake in the mine. Chambishi has faced the same cash flow problems as Zambia's other copper and cobalt mines in recent years. The industry is nearing completion of a privatisation programme that will see the country's lifeblood mines handed over to foreign operators and investors. A Beijing newspaper reported earlier on Wednesday that China would invest in the Chambishi mine as part of its effort to ensure a stable supply of raw materials. China imported more than 1.25 million tonnes of copper concentrates last year, according to customs figures. (Source: CIEC) ---- China Launches Mining Program in Zambia - By JOSEPH J. SCHATZ The Associated Press Sunday, February 4, 2007; 6:59 PM LUSAKA, Zambia -- Chinese President Hu Jintao launched a copper mining partnership with Zambia on Sunday and won praise from Zambia's finance minister for his focus on economic investment rather than politics. Hu planned to travel Monday to Namibia _ his fifth stop on an eight-nation African tour intended to increase Chinese investment in the continent, which is rich in natural resources although it suffers from widespread poverty. Chinese President Hu Jintao, left, and Zambian president Levy Mwanawas, on Hu's arrival in Lusaka Saturday, Feb 3, 2007. Hu's visit to Lusaka is expected to focus on new Chinese aid initiatives for Zambia and the inauguration Sunday of a new economic partnership zone in Zambia's Copperbelt province, which has become a key source of copper for China's growing economy. (AP Photo/Joseph J. Schatz) Chinese President Hu Jintao, left, and Zambian president Levy Mwanawas, on Hu's arrival in Lusaka Saturday, Feb 3, 2007. Hu's visit to Lusaka is expected to focus on new Chinese aid initiatives for Zambia and the inauguration Sunday of a new economic partnership zone in Zambia's Copperbelt province, which has become a key source of copper for China's growing economy. (AP Photo/Joseph J. Schatz) (Joseph J. Schatz - AP) PHOTOS Zambian Finance Minister Ng'andu Magande told the Associated Press Hu's visit was "one of the most successful visits by a foreign head of state." Other donors, he said, have political agendas. "People come here and talk about U.N. reform and conflict zones," he said. "China has decided they will take a different route, they will take an economic route." China has gained a reputation for striking deals with African nations without demanding political reforms _ such as respect for human rights _ sought by Western donors. But Chinese investments have led to accusations of exploitation in Zambia, a nation of 11.5 million in southern Africa. Zambian President Levy Mwanawasa was all smiles Sunday as he and Hu launched an economic partnership zone centered around the Chambishi copper mine in Zambia's Copperbelt Province. The partnership is designed to draw $800 million in mining investment from scores of Chinese companies and create 60,000 jobs. China already has poured hundreds of millions of dollars into Zambia's copper sector, which accounts for 60 percent of the country's exports. Addressing a crowd that included Chinese managers and Zambian miners in orange suits and red helmets, Hu and Mwanawasa said the new economic zone would be the first of several around the continent. The walls and stage at a local conference center where the event was held were festooned in red, featuring a huge sign reading "Hail to Sino-Africa New-Type Strategic Partnership," red banners in Chinese lettering, and a huge map of the proposed economic zone. Zambian and Chinese dance troupes performed outside. A member of the Chinese delegation cued the audience when to applaud. Mwanawasa said the zone would "change the face of the Copperbelt and, indeed, the Zambian economy in that our raw materials will now have chance to enjoy value addition of unimagined proportions." Mwanawasa sounded one cautious note, however, asking Chinese investors to partner with local Zambian firms and to give priority to local suppliers for goods and services. Since the late 1990s, Chinese investments in the southern African nation have soared and now total $500 million _ the third largest after those of South Africa and Britain. washingtonpost.com investorshub.com investorshub.com Subject 57062 Subject 9975

To: NYBob1 who wrote (4)	6/22/2007 4:37:12 PM
From: NYBob1	Respond to of 16

Here's an interesting calculation off the 2007 AGM presentation From slide 14, the US dollar value of Rooiport nickel and PGEs is $2.226 billion dollars divided by 480 million Caledonia shares, the value of the existing identified resource there is $4.63 per share. Once the 321 reef and the Merensky reef acquired from Falconbridge are drilled in Q3 2007, you can multiply that figure by 4 or possibly more. From slide 24, the US dollar value of Nama cobalt Anomalies A and part of C is $2.734 billion dollars divided by Caledonia's 480 million share float equates to $5.69 per share at existing metal prices. Here's why. This is the only cobalt stock going for under $1 USD. Second, it has a significant nickel and PGE deposit in South Africa. Third, it has a producing gold mine in Zimbabwe. And it has 3 diamond deposits as well in Zambia, South Africa, and Canada. It is a mini BHP selling for under 20 cents!! Why would you ever want to scalp it for a couple of pennies in profit? Based on the value of the proven existing deposits and Nama and Rooiport, the stock is worth $10.32 per share in current metals value. After Nama is fully explored in 2 years, you can multiply that figure times 20 conservatively. Once Nama gets into production, it will be the biggest single primary cobalt mine in the World producing around 14,000 tons of cobalt per year. Based on Caledonia's metals prices, annual revenue per share will be around $2.55 per share with Nama at full production. That is revenues not counting gold, PGEs, or diamonds. That calculation is for the benefit of those who are nervous about CALVF at 16 cents. I have a feeling with Friday's price action in this stock that it won't stay below 22 cents for long. Here's the link to get to the presentation. IMO it is worth your time taking a listen and a look. caledoniamining.com cgn41 clearstation.etrade.com investorshub.com

To: NYBob1 who wrote (4)	1/15/2008 3:43:52 AM
From: NYBob1	Read Replies (1) \| Respond to of 16

Cobalt and Caledonia Mining (CALVF) - Cobalt prices have been on the rise lately. In fact, they have increased from around $15/lb to over $45/lb since November 2006. This chart only shows activity through December 2007, but if you check the current sales price at BHP Billiton, you will see that they are currently making cobalt deliveries at $46.25/lb. Not a bad increase. In a little over a year, cobalt prices have basically tripled. This should be good news for cobalt mining companies or cobalt miners with significant cobalt resources. (Update 1/10/08, Cobalt price is up to $47.50 today) One such company is Caledonia Mining (Symbol: CALVF) CALVF currently trades at U.S. $0.113 per share. Obviously it is a penny stock. Caledonia has a diverse compilation of properties that include gold, base metals and diamonds. Caledonia's cobalt property is called the Nama Cobalt Project. The NI-43-101 technical report concluded that the combined Indicated Resource for Anomalies A and C at Nama is estimated as 121,874,000 tonnes with a weighted average grade of 0.047% Co and 0.043% Cu. The Nickle portion is approximately 0.015%. This is only one of Caledonia's many properties. This property alone has an estimated resource of 114,561,560 lbs of cobalt, 104,811,640 lbs of copper and 36,562,200 lbs of nickel. At today's prices of $46.25/lb for cobalt, $3.27/lb for copper and $13.26/lb for nickel, this is a total value of $6,126,020,985 U.S. dollars. Caledonia has fully diluted shares totalling 590,273,165. This would put a value of current resources at $10.38 per share just for the Nama project. This does not include its currently producing gold mine, the Blanket Mine, that has proven and probable gold of nearly 500,000 ounces with inferred gold resources of nearly as much. Nor does it include its other gold, diamond, platinum and other base metals projects. Take a look at this long term chart of Caledonia and you will see it has the potential to explode in price in a short matter of time. It has had two massive run ups in share price. In 1986 it rose from under $1 to over $7 in just over 1 year. Then in 1994 it rose from under $1 to over $9 in less than 1 year. The question is, does it have another run coming? I don't know. But, I do own 69,300 shares of CALVF and would love to see it make another big run. Be sure to do your own due diligence as these are numbers that I calculated based on information on Caledonia's web site. Remember to invest at your own risk. Penny stocks can make huge gains but can also make you lose all or substantially all of your investment as well. marketbust.com Labels: base metals, Caledonia Mining, CALVF, cobalt, cobalt prices, copper, diamonds, Gold, nickel siliconinvestor.com siliconinvestor.com Imo. Tia. God Bless