Epic : CDN

Web Site : http://www.caledonresources.com

Broker Note 1st Aug 2007 : http://www.caledonresources.com/Images/FileManager/192.pdf


About Caledon: Caledon is quoted on the London AIM market (Ticker: CDN). In 2006, the Company acquired two Australian coal projects; the Cook mine and the Minyango coal project, both situated in the Bowen Basin, Queensland. The Cook mine is host to a mineable reserve of 17 Mt of coking and thermal coal with a 10 year mine plan. On 21 March 2007, Caledon announced commencement of production at the Cook mine with targeted output to reach a 100,000 tonnes per month rate by the end of 2007 and 1.5 million tonnes per annum in 2008. On 14 March 2007, the neighbouring Minyango project resource was brought to a JORC standard of 240 million tonnes which was an increase of 17% on original estimates. Caledons aim is to develop the Minyango project to potentially increase the Companys production in the near-term to accompany its already producing Cook mine project.

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Caledon Resources PLC Interview With:
Mark Trevan Managing Director

Dated September 20, 2007

http://www.wallstreetreporter.com/page.php?page=featured&id=26736

It would be nice if that is the case transco15, although not so sure myself, i see a steady rise due to the depressed state of the market. Their are a couple of issues
which may contain the M/Capin the short term,the first being the debt for Minyango Field(page 4 of the following report)and transportation of the coal,which due to the heavy rains and flooding may work in our favour?
But coal is one of the safest sector at this minute,so a climb up to somewhere
nearing 60p would be nice over the coming months.
http://www.caledonresources.com/Images/FileManager/205.pdf
cyril

Any idea how you can get daily info about commodities, apart from buying FT ?

RF;
Try registering with minesite.com, or kitco.com would probably do it?
CDN motoring today,up to levels prior to all the market turbulence.
cyril

CDN up another penny today, steady rise on the implentation of the Megastar system. If we get another RNS which builds on the last then 50p no problem?
cyril

CDN flying again today, up to 40p. Is real value is coming to the fore?
cyril

Could see a rise in CDN's SP today with torrential rains,South of Mckay causing
mayham and helping the spot price of coal to rise? This weather front is expected to last at least until the 19th, and has so far caused wide spread local flooding.
cyril

Ever wished you stayed stum? A heavy drop in the sp today, here's the reason why.
http://www.investegate.co.uk/Article.aspx?id=200802150938020760O
cyril

The SP seems to have recovered most of its loses today, with fund raising via
share dilution always bring a reaction. Not sure how this will play out over the coming months,but at least the reasons for the action is valid.Both with monies to
fund the completion of the purchasing of Minyango and working capital essential to
allow CDN to ramp up production at Cook(coal prices are up 50% over the last month) and proving up resourses at Minyango along with other expenses(accounts),all seems to be going forward and will reward the patient.
aimo
cyril

mmmm i dont like the look of the fund raising exercise - not good timing in my opinion.
i expect the next move to be down!

Some large buys(100,000*2) going through this am,giving a welcome boost to the SP.
cyril

Great interest in this company this am, i make over 3,000,000 traded so far with some large buys. Theirs a belief that the float SP on the ASX will 40p,no idea how
correct this is only time will tell?
cyril

http://business.smh.com.au/coke-shortages-threatens-chinese-steel-supplies/20080222-1u1m.html
cyril

www.advfn.com'>free stock charts from www.advfn.com We have broken the trend line, its looking good.

Market begining to appreicate this stock and its potential, broken 50p today,with
ASX listing in the near future to pay for Minyango. But the main interest is whether
the new system is achieving the output promised from the Cook mine, early days yet but with the hugh rises in the price of coking coal anything in excess of 60,000tons /month (100,000 aiming for) could make this a profitable company.
cyril

Coal Coal Coal............ :)

Yes, coal coal indeed i'm also in WTN which has a great upside too, imo?
cyril

Yes, I'll go along with that. (CDN).

W O W - At last we have movement big style.
Whats with the late news of Polo taking a bigger stake to boot.
Big times ahead after a bit of profit taking.....

I could kick myself for selling out of this, good luck to those in !

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