caledonia mining ~ gold in zimbabwe

update november, 2014: caledonia + endeavour are still alive and struggling in the low metal price environment ...

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there was an investor lunch event with 3 companies in munich:

• endeavour silver
• EnWave
• caledonia mining (TSX: CAL)

source: caledonia's website

i have already endeavour + enwave in my portfolio, so let's give also caledonia a try and yes, let's support the economy down there. let's also hope the country will stop destroying its economy soon. they've had already destroyed its currency via hyper-inflation in 2009, so it is hopefully enough. of course, it is a long way to go till zimbabwe reaches its old rhodesian levels, because 3 decades of mugabe's terror and mismanagement made from the former switzerland of africa the probably poorest country on earth.

have you ever seen an 100 trillion dollar note? the highest face 'value' ever printed in the history of mankind? well, it was before the zimbabwe dollar was replaced by USD and south african rand in january 2009.

maybe few key points about caledonia mining

• no debt
• $25m cash
• fully indigenised aka 49% owned blanket gold mine in zimbabwe
• low cost operation (cash-costs 2013 were $609/oz, all-in sustaining costs $972/oz ... not bad at current gold price of approximately $1,300/oz
• 2013 production 45,517 oz gold and (very) slowly rising
• internally funded expansion plans (because there is currently no debt financing available in zimbabwe
• last but not least, they've started to pay a 7% dividend p.a. in january 2014

btw, i had already a gold producer from zimbabwe in my portfolio, new dawn mining, but they gone bankrupt, so i have lost all money invested :(. trading + investing is a risky game, you know?

eof

EnWave = next level of dehydration

the future of dehydration technology? who knows, but ive spent a nice investor lunch event in munich yesterday :-)

source: http://www.enwave.net/

well, despite temporary ups and downs, on balance my investment didnt move an inch since early 2010 (in €uro terms), but i somehow feel its gonna be good what these guys create so i bought few more shares on market opening, u know? of course, if u asked me i prefer natural blueberries, strawberries, ananas, women to dehydrated ones ... and i dont like bacteria, vaccines and the like at all (no matter if natural or dehydrated), but there are for sure applications esp in the food and medicine industries which use all that dehydrated stuff, so what?

why do i think this technology and enwaves royalty model will succeed? it is simply the fastest and cheapest technology ... and yes, you only need a microwave and some vacuum. easy, isnt it? there was some slide in the presentation which tells ya anything but enwaves 'REV' dehydration approach is rubbish, but it is designed rather 4 technical people not homo sapiens financialis like me :-)

source: http://www.enwave.net/

of course, the CEO john mcnicol told s.th. like it is not that easy to reproduce this technology that every competitor and every useless creature like myself could do it by themselves at no costs and no know-how and then sell the idea 2 nestle, danone, novartis, roche, merck ... and become rich over night ...

anyway, that brings me to next brilliant jaro gruber concept, my dear! i gonna dehydrate my investment ideas, thus keep them fresh for loooong periods of time and sell them 2 FED, ECB, goldman sachs, JPM, RBS, BoE, BoJ, pboc, deutsche bank and all other financial mafia institutes which have enough money 2 pay 4 that or have access 2 taxpayers money or both.


cheers!