PapalPower
- 27 Sep 2007 09:14


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.
**********************************
Caledon Resources PLC Interview With:
Mark Trevan Managing Director
Dated September 20, 2007
http://www.wallstreetreporter.com/page.php?page=featured&id=26736
PapalPower
- 06 Mar 2008 10:43
- 122 of 328
Coal Coal Coal............ :)
niceonecyril
- 06 Mar 2008 10:54
- 123 of 328
Yes, coal coal indeed i'm also in WTN which has a great upside too, imo?
cyril
goal
- 06 Mar 2008 10:59
- 124 of 328
Yes, I'll go along with that. (CDN).
transco15
- 06 Mar 2008 18:10
- 125 of 328
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.....
required field
- 06 Mar 2008 18:23
- 126 of 328
I could kick myself for selling out of this, good luck to those in !
niceonecyril
- 06 Mar 2008 18:41
- 127 of 328
.
niceonecyril
- 06 Mar 2008 18:43
- 128 of 328
And here is the reason for all the days excitement.
http://www.investegate.co.uk/Article.aspx?id=200803061625315633P
Now the CEO of Polo Resources is none other than Stephen Dattels a former
CEO of CDN who was forced out in Feb 2005,he has a reputation of driving up stock before selling. Although it appears he is not liked, he has this reputation for making money.
So could we be seeing, the 1st signs of a possible take over?
cyril
niceonecyril
- 07 Mar 2008 09:04
- 130 of 328
niceonecyril
- 07 Mar 2008 09:42
- 131 of 328
Looks like a mass exit due to a possible suspension?
cyril
BigTed
- 07 Mar 2008 10:18
- 132 of 328
Prob just people taking advantage of the spike to gain some profits...
niceonecyril
- 10 Mar 2008 15:42
- 133 of 328
Brindlewally
- 11 Mar 2008 18:32
- 134 of 328
Actually I don't think CDN is a pump and dump stock - more a medium to long term hold, maybe worth buying on weakness - unless something goes badly wrong with the mine
niceonecyril
- 11 Mar 2008 19:02
- 135 of 328
I tend to agree with you Brindle, and if allowed to continue will come good at
the Cook mine and Minyango will have its resources increased. It seems that presently Polo are attempting a take over so not sure what the short term will bring?
The Dow is flying today, up 322pts at present.
cyril
BigTed
- 11 Mar 2008 19:10
- 136 of 328
Missed opertunity today, poss... should have bought in at 45p earlier....
goal
- 11 Mar 2008 19:32
- 137 of 328
No advice intended, we are under valued IMO.
niceonecyril
- 12 Mar 2008 08:53
- 138 of 328
goal
- 12 Mar 2008 09:28
- 139 of 328
Thanks Cyril, I like this bit,"All the price pressure right now favors the coal producers. If you can't make money selling coal at $200-plus, you won't make it selling anything."
niceonecyril
- 13 Mar 2008 08:42
- 140 of 328
goal
- 14 Mar 2008 09:41
- 141 of 328
Up she goes. Coal Coal Coal.