John Polomny is an individual investor and speculator seeking unique, overlooked, and well researched opportunities and speculations from all over the world.
I did not notice this until the other day but Caledonia Mining paid out the $.005 per share dividend back in February. I just noticed on my statement that the cash had deposited back in late February. So now we have a dividend producing growing gold miner in Zimbabwe. It appears there will be elections this year and although Mugabe is running I expect MDC to do well and if the elections are actually free, and there is already allegations of voter intimidation, then we could be pleasantly surprised. I have been adding to my Caledonia positions on this recent pullback, although it seems that people are reluctant to part with shares to cheaply.
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I have been a CALVF holder since 22 cents and I loaded up at a nickel. This is a stock that will skyrocket when it breaks out. Over head resistances are at .125, .135, and .16 on it's way to .22.
Its good to see you are adding here. I would be doing the same if the company would commit to just milking the cash cow. I have been nibbling at NSU and MWE.TO instead.
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Caledonia Mining Pays Initial Dividend 3 comments
I did not notice this until the other day but Caledonia Mining paid out the $.005 per share dividend back in February. I just noticed on my statement that the cash had deposited back in late February. So now we have a dividend producing growing gold miner in Zimbabwe. It appears there will be elections this year and although Mugabe is running I expect MDC to do well and if the elections are actually free, and there is already allegations of voter intimidation, then we could be pleasantly surprised. I have been adding to my Caledonia positions on this recent pullback, although it seems that people are reluctant to part with shares to cheaply.
Disclosure: I am long CALVF.OB.
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This is a stock that will skyrocket when it breaks out. Over head resistances are at .125, .135, and .16 on it's way to .22.
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