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GOLD $396.00 / ounce - PLATINUM $774.00 / ounce


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#1 goldsmith

goldsmith

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  • Traders-Talk User
  • 49 posts

Posted 18 November 2003 - 12:49 PM

GOLD $396.00 / ounce - PLATINUM $774.00 / ounce

RE: to that about $100,000,000.00 in asset value
for the infrastructure (not incl. the PM land or
the GoldOre)...
has to be added to the book-values of
Caledonia Mining Corp. CALVF as soon as
the pre-writen-down Mine is restarted
and generate earnings.
The acc. should be written up to a more
realistic value with consideration to
asset values today not as they were in 1997,

Ex.
* The Barbrook Mines Limited, 100% owned,
* in the Barberton region of Mpumalunga, SA...
* whose mineral rights cover an area
* of 43 square kilometers, in the famous
Bushveld structure not even near 10% explored
incl. 20 old Gold Mines:
* the prime most attractive PM land in the world
* market value in $100's of millions.

* metallurgical plant capacity
* of 25,000 tonnes per month and has in excess
* of 100,000 tonnes of
* Gold-ore immediately available for mining.
* At Feb. 1995; remaining mine life 50 years plus;

* res. 2,399,489 oz Au - Gold;
* (2,399,489 oz. Au x $370/oz = $887,109,300.00 Au
Ore Market Value) the Au reserve received with
very minimal drilling... more to get the knowledge
were to mine for the next three month.

Most fabalous prospecting/exploration opprtunities
for the next 100 years!

* In 1996; Caledonia spent $9.3 million to develop
* res. & commission mill and many more millions since
* to restart & commission the Gold Mine to
* todays Gold Production

Cal, a more realistic value with all of
The Barbrook Mines Limited's infrastructure,
Gold Ore Res., and prime PM land within
the Bushveld Platinum Complex... should be at
least...

in the total $1,000,000,000.00 a billion dollars for
The Barbrook Gold Mines alone!

Note.
The Barbrook Gold Mines in South Africa has been
returned to commercial production and mined
tonnage continues to increase.

Both Barbrook and the 96% owned Eersteling Gold
Mine have received their Permanent Mining
Authorizations from the South African Department
of Minerals and Energy ("DME"),
who have also issued Eersteling with a Permit for
the Rooipoort Platinum Project.

The Gold Mines development continues to
progress, tonnage was mined from the first
stope during February, development for the
main stoping block is well advanced and
production from these stopes commenced
in March.

Underground development to further
increase mined tonnage continues.

The additions and refurbishing of the
Barbrook Metallurgical Plant and the
crushing, milling, and flotation circuits
with the regrind, and
*"CALVF PreOx circuits"* have all been
commissioned and GOLD is pouring.

The metallurgical plant capacity run
* of up to 30,000 tonnes per month / before
1997 and will reach it again after all
testing been satisfactory.

A comprehensive desk study on the Rooipoort
Platinum property, based on the available
geological and geophysical information has
been completed.

The Rooipoort Platinum property was recently
acquired by the Corporation's 96% owned
subsidiary, Eersteling Gold Mines Limited.

The desk study has confirmed the likely
presence of both the Merensky and U2 reefs on
the property and ground geophysical follow-up
work commenced immediately and a
diamond-drilling program.

Simultaneously with the exploration on
Rooipoort, Caledonia intends to shortly
commence the necessary work to return the
Eersteling Gold Mines to production.

Caledonia Min. Corp.'s, Barbrook Gold Mines;

The 100% owned Barbrook Gold Mine is located
near the town of Barberton in the Mpumalanga
province of the Republic of South Africa.

Pretoria and Johannesburg are approximately
375 km to the west.

Barberton is the natural and historic centre
of the mining district in the Mpumalanga province.

The town has a history of mining dating back
more than 100 years and was the location of
the first Stock Exchange in South Africa;

http://www.barberton...ages/facade.jpg
The facade of the first Gold Stock Exchange
in South Africa is still standing.

The present property, which covers an area
of 43 square kilometers and extends for
a distance of about 28 km along strike,
represents a consolidation of
about 20 Old Gold Mines.

http://www.minsoc.or...allery/gold.jpg

The Barbrook Gold deposits occur in
the Barberton Greenstone belt,
the host for the other
Gold deposits in the area.

http://www.barberton...images/jock.jpg
Jock's Memorial: Standing in front of the municipal
builings is a statue to that most indefatigable of
dogs "Jock of the Bushveld", sculptured
by Ivan Mitford Barberton Of Cape Town.

The belt is of Archaean age and includes some
of the oldest volcanic and sedimentary rocks
in the Bushveld Platinum Complex of South Africa.

The belt trends southwest to the northeast
and has been intruded and deformed by various
granite plutons at the margins.

The Barbrook property covers two steeply dipping
banded iron formations oriented in an east-west
direction.

These two shear zones, called the Zwartkoppie
and Barbrook Lines are the host to
the Barbrook Gold deposits.

During 1997, prior to the suspension of activities,
the mine was operating at a rate of 17,000 tonnes
per month and the process
plant was operating at about 20,000 tonnes
per month of underground ore.

The plant has, in the past, operated on oxide ore
at rates in excess of 30,000 tonnes per month.


CALVF's GOLD MINES - DEBT FREE, Paid off
more than $35 Million;
since it was above $8.00/share...

Caledonia Min. Corp., CALVF, The Gold Mines
infrastructure, mills, shafts etc. would cost
more than $100 mil. in reconstruction and
development today!

The CALVF - Gold Mines has restarted and has
been producing Gold for more than 100 years,
the prime large land resources with Gold,
Platinum, Diamonds - within one of the world
richest PM (Precious Metals) Bushveld land
resources of more than 200 sq.km. within
the Bushveld Platinum Complex, is still
less than 10% explored; DD..

Geo Gold Tour, Barbrook Gold Mine, S.A.
* Barbrook Gold Mines, Barberton, S.A.
http://www.uct.ac.za...images/d247.jpg

* View down into Louws River, the site of
* Barbrook Gold Mine, Barberton
http://www.uct.ac.za...mages/pl91a.jpg

* Open pit quarry exposure of the Barbrook reef,
* Barberton greenstone belt
http://www.uct.ac.za...images/u16a.jpg
===
http://www.uct.ac.za...images/d233.jpg
===
* Victorian mythology (Maid of the Mist)
* is retained at a rejuvenated
* Barbrook Gold Mines, Barberton greenstone belt
http://www.uct.ac.za...images/d243.jpg
* Open cast workings surround
* The Barbrook Gold Mine,
* Barberton greenstone belt
http://www.uct.ac.za...images/d241.jpg
* Underground development at
* Barbrook Gold Mine, Barberton;
* the black, carbonaceous, steeply dipping metasediments
* host the Auriferous Reefs
http://www.uct.ac.za...mages/pl89a.jpg

http://www.uct.ac.za...images/d245.jpg

* Gold, Barberton, SA...
http://www.minsoc.or...allery/gold.jpg
--
http://www.geotoursa.../Tours/Gold.htm
--
* Caledonia Mining Corporation,
* owns two gold mines with full infrastructure
* in South Africa...
* The Eersteling Goldmines,
> The #1 Goldmine in South Africa started mining operation
> in year 1871,
> Today the SA Rand has depreciated substantial to US$
> compared to 1997 and
> most of all mine cost will be paid in SA Rand but
> the Gold will be sold for US$...


> Eersteling Gold Mining Company Limited,
> 96% qwned by Calidonia (CALVF)
> Eersteling listed on the Johannesburg Stock Exchange,
> holds the mineral rights over an area of 190 square
> kilometers.
> Eersteling has a reported ore resource of 2.6 million
> tonnes containing 530,000 ounces of gold;
> (530,000 oz Au x $370/oz = $196,100,000.00 Au Ore Market Value)
> and its mineral rights holdings are less
> than 10% explored and considerable
> potential for additional resources.
> The mine has a metallurgical plant with a capacity
> of 25,000 tonnes of ore per month and can mine
> ore from 5 fully equipped shafts.
> the famous Eersteling Goldmines,
> the #1 Goldmine in South Africa started
> mining operatiuon in 1871,
> still less than 10% explored,
> Gold mining in South Africa, from its humble beginnings
> in the first recorded mine is Eerstling Gold Mine in
> " 1871 ", in Eersteling in the Northern Province, SA,
> to its pre-eminence as the largest gold mining industry
> in the world, has played a significant role in the
> economic development of the country over
> the past 120 years...

* Caledonia is essentially debt free,
* no banker can push us off the cliff...
* Well, great to be the Long Shareholder
* GOLD / Perfect Timing
* We are surrounded by turbulence, volatility
- and uncertainty, both on geopolitical and
- economic fronts.
* The U.S. Federal Reserve and central banks
- in Europe and Asia have joined forces to unleash
- a flood of liquidity into the markets.
* They've lowered interest rates more times and
- to a greater extent than ever before, all the
- while spending gobs of money to combat terrorism
- and the threat of terrorism.
* Now that the historic bull market in the U.S. dollar
- has also come to an end, and with the greenback
- mired in what appears to be a long-term downtrend,
- we have the makings of an extraordinary,
- long-term bull market in GOLD.
* And you know what that means ?
- the chance to reap a fortune at the
- CALVF Gold Mines, #1 SA Gold Producer
- est. since 1871, Restarting...

Only a matter of time now before the magic $400 number
becomes a reality!

The GOLD derivatives are EXPLODING now and we
might just GO*^^^^^

- straight to and through not only $400 but $500,
$600, $700 and UP...

That is how it happened at the end of 1979.

GOLD Stocks will be the way to riches.
"hold for the long-term,"
"and you’ll be rich."

Gold will be seen as the answer
to economic freedom...

CALVF has more than 250 sq.km PM prime land
within the famous Bushveld Platinum Complex
Structure the most attractive land
for Platinum exploration and its land is
less than 10% explored for Gold and less
than 1% or hasn't been explored for
Platinum...
with any modern high tech.-geol...

CALVF is debt-free and own more land in
the Bushveld Geo. Formation than most large
Platinum mining corporations
and CALVF has just started the drilling on one
Platinum target ANGLO PLAT. said is most likely
that the Ore-structure from the largest Platinum
mine in the world continue in on Caledonia's
land holdings...

Platinum $770.00/oz
http://quotes.ino.co...=15&a=50&v=dmax

Got Caledonia Precious Metal Shares?

The historic investment opportunity of
a lifetime is still in play.

For investors looking to jump on board,
you have a gift.

GOT TO BE IN IT TO WIN IT! and
WE ARE GOING TO WIN IT!

The Gold chart is very constructive:

http://quotes.ino.co...=15&a=50&v=dmax

Gold stocks will shine after bullion prices hit
a seven-year-high in London...

A GOLD SHARE BUYING PANIC IS COMING...

There is no way the little Gold share market will be
able to handle this buying without the shares SOARING,

***To The Moon Alice, To The Moon!***

CALVF: Oversold / Undervalued

http://www.contraria...m/Triangles.htm

..market makers brokers/mafia-shortselling -
makes life time opportunity in...

Caledonia's Gold, Platinum, Colored Diamonds
PM Hard Asset Properties for a bargain!

http://chart.yahoo.c.../c/calvf.ob.gif

mmm-shortsold 200 mil ++ ready to explode
Note. don't let mmm pawns distort or distract
you and don't missout of CALVF...

http://www.caledoniamining.com

The US$ fiat falling off the cliff...

http://www.house.gov...03/pr073103.htm

The US$ fiat falling off the cliff...
U.S. Dollar Index (CEC)
Weekly fiat $$ Price Chart...

Dollar Index Cash (NYBOT:DXY0)...

http://quotes.ino.co...=15&a=50&v=dmax

...lower highs and lower lows...going down hill...

...the fiat US$ & Can$ will only be
worth the paper its printed on?..

http://www.house.gov/paul/

Platinum streaked to 23 year highs*^^^^^
Platinum is the front^runner to GOLD

http://quotes.ino.co...w=15&a=50&v=d12

Long Trend GOLD to the Moon/ BULL VERY STRONG^^^^^

http://quotes.ino.co..._XAUUSDO&v=dmax
you will be on a wild goose chase, if you not
catch it before take^off^^^^^

$Dollar falling off the cliff...
http://quotes.ino.co...BOT_DXY0&v=dmax
its leave-right a rock, bouncing off every ledge,
goes down bellow water\.

The BULLS Live Above 200 Day Moving Average^^^^^

http://ichart.yahoo....my&l=on&z=l&q=c

http://ichart.yahoo....my&l=on&z=l&q=l

CALVF a PM Mine Finder...
http://ichart.yahoo....1y&l=on&z=l&q=l

CALVF has also found the kimberlite pipes
with Gem Quality Diamonds!

* Protect your hard-earned wealth...

* Caledonia Mining Corporation, on the start line^^^^^
* The BULLS Live Above 200 Day Moving Average^^^^^
* CALVF, Repeat The *Mirror Reflextion of 1993 -94^^^^
http://ichart.yahoo....my&l=on&z=l&q=l

* CALVF Gold, Platinum, Diamond TEAM DD..
* Caledonia Min. Corp. has more than 250 sq.km
* PM prime land within the Bushveld Platinum
Complex DD CALVF...
* http://www.caledoniamining.com
* Imo.Tia.Pass It Along>>>

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)