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

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

.

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

Having a bit of a mad one at the moment...!

Is this part of the jigsaw?
http://www.investegate.co.uk/Article.aspx?id=200803070720125908P
cyril

Looks like a mass exit due to a possible suspension?
cyril

Prob just people taking advantage of the spike to gain some profits...

http://www.investegate.co.uk/Article.aspx?id=200803101536037604P
All resolutions passed.
cyril

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

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

Missed opertunity today, poss... should have bought in at 45p earlier....

No advice intended, we are under valued IMO.

http://uk.reuters.com/article/oilRpt/idUKN1159302920080311
cyril

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."

http://www.investegate.co.uk/Article.aspx?id=200803130702150074Q
http://business.timesonline.co.uk/tol/business/markets/article3542821.ece
cyril

Up she goes. Coal Coal Coal.

Maybe in responce to a great article on minesite.com, need to register.
cyril

Non executive director resigns has this anything to do with POLO'S share buying?

Ingram would i expect have been forced out, as he holds a position with
POLO.
cyril

Here's a artticle which seems to have given WTN a boost?http://business.theage.com.au/booming-demand-fires-coal-price-hike/20080319-20ie.html
cyril