Looks like this one is going places.

LONDON (AFX) - Caledon Resources PLC said preliminary tests at its Gaolong
Gold Project Joint Venture in Guangxi, China are highly encouraging and are
further indicative of the gold potential in the Gaolong area.
It added Field work is on-going at Gaolong to further determine the extent
of gold mineralization on-surface, as a lead-up to a drill program scheduled to
begin within the coming months.
George Salamis, Managing Director of Caledon, comments: "We are very pleased
with these preliminary results from Gaolong, which are consistent with our view
of the project's disseminated gold potential.
"These preliminary results form a solid foundation from which our
exploration crews will be further advancing the project towards drilling.
"In addition, drill target definition work has already been initiated on the
company's other projects, such as Longtoushan and Hengxian, where the company
also sees tremendous up-side."
rn

Today's RNS. That explains the price drop then. Or does it?
The seller still has 8,000,000 shares though.

4.88p today....is there any potential in this share? Please advise.

go to the other CDN thread this one the old one