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Caledonia Mining Pays Initial Dividend

|Includes:Caledonia Mining Corp PLC (CALVF)

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 OTCQX:CALVF.

Stocks: CALVF