![]() ![]() ![]() That I calculated based on information on Caledonia's Would love to see it make another big run.īe sure to do your own due diligence as these are numbers The question is, does it have another run coming? Then in 1994 it rose from under $1 to over $9 in less In 1986 it rose from under $1 to over $7 in just over 1 year. It has had two massive run ups in share price. You will see it has the potential to explode in price Take a look at this long term chart of Caledonia and Nor does it include its other gold, diamond, platinum and Nearly 500,000 ounces with inferred gold resources The Blanket Mine, that has proven and probable gold of This does not include its currently producing gold mine, $10.38 per share just for the Nama project. This would put a value of current resources at dollars.Ĭaledonia has fully diluted shares totalling 590,273,165. This property alone has an estimated resource ofġ14,561,560 lbs of cobalt, 104,811,640 lbs of copperĪt today's prices of $46.25/lb for cobalt, This is only one of Caledonia's many properties. The Nickle portion is approximately 0.015%. Indicated Resource for Anomalies A and C at Nama isĮstimated as 121,874,000 tonnes with a weighted average The NI-43-101 technical report concluded that the combined $0.113 per share.Ĭaledonia has a diverse compilation of properties thatĬaledonia's cobalt property is called the Nama Cobalt Project. One such company is Caledonia Mining (Symbol: CALVF)ĬALVF currently trades at U.S. (Update 1/10/08, Cobalt price is up to $47.50 today) This should be good news for cobalt mining companies orĬobalt miners with significant cobalt resources. In a little over a year, cobalt prices have basically tripled. You will see that they are currently making cobaltĭeliveries at $46.25/lb. This chart only shows activity through December 2007,īut if you check the current sales price at BHP Billiton, In fact, they have increased from around $15/lb to over Cobalt prices have been on the rise lately.
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