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

Caledon Resources PLC
26 November 2007


CALEDON RESOURCES PLC

('Caledon' or the 'Company') AIM: CDN


Caledon Wins Mining Operation of the Year Award


London, 26 November 2007, Caledon Resources plc (AIM: CDN) is pleased to
announce that the Company's 100% owned Cook coal mine has been awarded the
Mining Operation of the Year at the annual Mines and Money Awards 2007 held in
London on 21 November.


The award was for a mine that has 'undertaken the most effective operating
improvement during the past year'. Five companies were initially shortlisted by
an independent panel of judges with the winner being selected by a panel of
judges together with online voting.


Caledon was awarded the Mining Operation of the Year for its Magatar
continuous-mining techniques at its Cook coal mine in Australia.


Commenting on the award, Caledon's Chairman Robert Alford said, 'I am delighted
that our Cook mine has received this prestigious award which recognises the
Company's achievements since we acquired the Cook mine last year. The
competition for this award was extremely high and all of our employees at the
Cook mine can be justly proud of this award.'

I think that CDN is well worth checking out at present, all the hard prep work is
almost done. Their enormous cutting machine is up and running and the flexi
conveyor system is being fine tuned,once this is put into operation the real tonnage output can be achieved. So the next 2 months should easily see 20% and
more likely 30/50% inprovement in the SP, which is presently around 37p?
imo
cyril

CDN's success will so much easier if the price of coking coal reaches the highs as forecast?
http://www.news.com.au/business/story/0,23636,23054421-462,00.html
relivent part of article near the end.
cyril

SP drifting lower by the day would be nice to have an operations update as no news since early December.

I believe their hoping to have the systems up and running by the end of this month.
its been a long time getting their but can't be far off now? Possible delay may come from the terrible weather they have experienced in Queensland over the last couple of weeks ,which has caused major flooding. Although it seems we 've
missed the worst of the storms.
cyril

Get yourselves a bargain, with coking coal prices going through the roof, confirmation that the new system is up and running.
http://www.investegate.co.uk/Article.aspx?id=200801300730098354M
cyril

Brilliant news.

http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=1886998
Not sure if anyones aware but CDN have the controlling rights for Megastar,which
now proven will become the norm for coal production in aussie.
cyril

Profit taking today but long term buy for sure!!!!!
One of the best buys going too.........

I have taken a position in this mine, (after long hesitation) : I hope you're right niceonecyril, tranco15, goal,...!

No danger - hold on to your hatit will be a fast rise!!!!!!!!

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!