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

holding on - what a ride!!!!!

cyril, I am away from home this week. I have popped in to a library on the Essex coast just to see how things were going. All looks good to me, now and the long term. Regards goal.

W O W - At some time there must be a blood bath here.
great ride but I now have vertigo!

PLEASE BE POSITIVE.

Well they say what goes up must come down!! dizzy

Transco, Agreed but at this minute its more important to understand why they
are rocketing? Could be a take over or news that the Megarstar has finally
started producing at levels near to what was promised(1m/tonnes/year),take your pick, whatever it is the market seems to have woken up to the value of this
company.
aimo
cyril
P.S.
WTN has broken the 4 barrier in Canada which makes CBM look real cheap.

Back home now. I bought CDN for the long term and frankly I will be delighted when trannco15 takes his profits and stops posting!!

Goal theirs nothing wrong with taking a profit and always worth thinking about, top slicing could be the answer. CDN however seems at this minute to have some momentum, just a matter of timing i suppose?
cyril

Gathering pace, what a great company and well worth the wait.
cyril

Gathering pace, what a great company and well worth the wait.
cyril

Yes, I was thinking we might finish the day at 120p but now who knows?

I must admit CDN has taken all of my concentration this morning, I must get on with other trades. I'll have a look in later.

Top sliced and bought some more CBM which is due for a rise shortly?
Take a look at LDP and my last post, if your interested in an oiler with potential, well worth reading.
cyril

WOW?
cyril

Morning all, excellent start to the day. Cyril thank you for the oiler tips but I have three oilers already in my portfolio but will keep half an eye on them two.

goal, CBM is not into oil, more coal owning 46% of WTN and attempting to buy out CLN, with several other investments . Has risen over 40p since i posted, well worth checking out although some of the gloss has been lost?
cyril

It's hard to take eyes off this one.

Shaved the top and locked in some profits.

fantastic performance .... was told to buy at about 100 but never did .... i only buy at the peak!

cynic, had you followed my post you could have bought at 28p back in january.
cyril