CALVF Daily Chart - Caledonia Mining

CALVF consolidating after breakout.

Shoshone Silver on the Road Next Week

Shoshone Silver Mining has announced that they will be on the road next week promoting the company.

I recently posted a review of Shoshone Silver whereby I stated that Shoshone Silver is an undervalued stock. I maintain that this is very true. This is a stock that is not well known yet, but it has been around for a long time and has an excellent collection of silver and other precious metals properties around the country and in particular in the Silver Valley.

Here is the Announcement:

SHOSHONE SILVER AT WORLD MONEY SHOW, ORLANDO AND CAMBRIDGE HOUSE CONFERENCE, PHOENIX

Shoshone Silver Mining will be participating in the upcoming Mini Silver
Summit being held in conjunction with the World Money Show 4 p.m. Feb. 5th
at the Gaylord Palms Hotel in Orlando, Florida. Liz Wilhite, Investor
Relations, will be presenting for Shoshone. Liz will be available to
discuss Shoshone with current and prospective investors from February 5 - 7.
Information about Shoshone will be available at the Silver Valley Mining
Association Booth, #811 throughout the show. If you would like to speak
with Liz about Shoshone please look for her at the SVMA booth or call her at
(208) 512-3009 to schedule a meeting. Details about the World Money Show
may be found at http://www.moneyshow.com/msc/twms/exh.asp. Attendance is
free.

Shoshone will also be attending the Cambridge House Conference, Booth 211,
held at the Renaissance Phoenix Glendale Hotel on February 9th & 10th. Lex
Smith, President, and Liz Wilhite will be available at the booth.
Information about the conference may be found at
http://www.goldshow.ca/ch_phoenix2008.html. Attendance is free with
pre-registration through the website, or $25 at the door.

Contact:
Investor Relations
Liz Wilhite
liz@moechine.com
(208) 512-3009
(208) 752-1070

Shoshone Silver Mining
info@shoshonesilvermining.com
(208) 752-1070


For more information please see our website at
http://www.shoshonesilvermining.com

CALVF: Can you say "BREAKOUT" ??????

With the announcement of a Cobalt off take agreement with a large Chinese refiner, Caledonia has broken out with a massive one day rise of 64%. This chart is highly bullish. Are you on board?

Caledonia Mining (CALVF) - Time to Capitalize on Cobalt?

I recently wrote about Caledonia Mining and it's Nama Cobalt Property. By my calculations, I determined that the value of the Nama deposit alone was worth over $6 billion U.S. I also noted that Caledonia had many other properties that would take the value of CALVF well over the $6 Billion mark.

Today, Caledonia released news that they had signed a Cobalt Off-take Agreement with Large Chinese Refiner.

The stock has responded quite favorably and as I write this, it is up over 60% in price. It closed yesterday at $0.103 per share and has traded as high as $0.20 per share, a 100% gain in 1 day.

I previously mentioned that "It has had two massive run ups in share price. In 1986 it rose from under $1 to over $7 in just over 1 year. Then in 1994 it rose from under $1 to over $9 in less than 1 year.

Now, as a shareholder of CALVF, I wonder how high it will run on this latest development with it's Nama Cobalt Property.

As I close out this post, I note that Caledonia Mining Corporation (CALVF) is trading at $0.177 per share. This is a one day rise in price of over 71%.

South African Power Crisis Affects Gold Miners in Bad Way

The ongoing energy crisis continues to get progressively worse hampering the precious metals mining companies that rely on a regular supply of electricity to conduct their operations. While this is very bullish for gold, it is not bullish for gold mining companies operating in this area.

South Africa Power Crisis Deepens,
Risking Its Economy, Investments

By ROBB M. STEWART
January 25, 2008 11:56 a.m.

JOHANNESBURG -- A power-supply crisis in South Africa that has frustrated individuals, thrown business into the dark and forced the suspension of mining activity risks denting the country's economic growth and dampening the appetite of foreign investors.

The scope of the crisis was highlighted Friday when the government said it was treating the situation as a national emergency after some of the world's largest mining companies, including AngloGold Ashanti Ltd. and Anglo Platinum Ltd., said they had halted operations across South Africa because the state power provider couldn't ensure the supply of electricity.

Gold Fields Ltd. said it had been told by Eskom Holdings Ltd., which generates roughly 95% of the country's electricity, that the supply of power couldn't be guaranteed for between two and four weeks.

South Africa, the continent's economic engine, has been knocked by two weeks of rolling blackouts that have halted business for hours at a time each day, caused extended traffic jams and added further pressure to the already shaky government of President Thabo Mbeki.

Story continues here.....

Silver Weekly Chart Shows Bullish Possibilities

Silver appears to have broken out of an ascending triangle. This could signal the beginning of another strong run up in prices similar to the September 2005 to March 2006 time frame.

Daily Chart of CALVF

Caledonia continues to be under pressure of downtrend. Seems that buying is coming in at the $0.10 level which is strong support.

Cobalt Prices Reach U.S. $48.50

Cobalt continues it's upward price movement.

GOLD & SILVER Weekly Charts

VIX

The VIX is also known as the Volatility Index. This is normally associated with fear in the market place. The higher the VIX, the more fear and thus the higher the volatility.

Taking a look at the daily and weekly charts of the VIX shows some interesting trends.

After hitting a low of 9.39 in December of 2007, it has been steadily rising after breaking out of a bullish downward wedge.

Recently it has been consolidating and appears to be on the verge of breaking out higher again.




This can be seen on both the daily and weekly charts. While there is a chance that this breakout will fail, if it does break out higher, we can expect much higher levels of volatility in the stock market which in the case of today's market, I would expect much lower prices for such indexes as the S&P 500, NASDAQ, and the DJIA.

Caledonia Downtrend Remains In Tact

CALVF Daily Chart

CALVF - Caledonia Mining Chart - Weekly

Cobalt and Caledonia Mining (CALVF)

Cobalt prices have been on the rise lately. In fact, they have increased from around $15/lb to over $45/lb since November 2006. This chart only shows activity through December 2007, but if you check the current sales price at BHP Billiton, you will see that they are currently making cobalt deliveries at $46.25/lb. Not a bad increase. In a little over a year, cobalt prices have basically tripled. This should be good news for cobalt mining companies or cobalt miners with significant cobalt resources.

(Update 1/10/08, Cobalt price is up to $47.50 today)

One such company is Caledonia Mining (Symbol: CALVF)

CALVF currently trades at U.S. $0.113 per share. Obviously it is a penny stock.

Caledonia has a diverse compilation of properties that include gold, base metals and diamonds.

Caledonia's cobalt property is called the Nama Cobalt Project.

The NI-43-101 technical report concluded that the combined Indicated Resource for Anomalies A and C at Nama is estimated as 121,874,000 tonnes with a weighted average grade of 0.047% Co and 0.043% Cu. The Nickle portion is approximately 0.015%.

This is only one of Caledonia's many properties. This property alone has an estimated resource of 114,561,560 lbs of cobalt, 104,811,640 lbs of copper and 36,562,200 lbs of nickel. At today's prices of $46.25/lb for cobalt, $3.27/lb for copper and $13.26/lb for nickel, this is a total value of $6,126,020,985 U.S. dollars.

Caledonia has fully diluted shares totalling 590,273,165. This would put a value of current resources at $10.38 per share just for the Nama project.

This does not include its currently producing gold mine, the Blanket Mine, that has proven and probable gold of nearly 500,000 ounces with inferred gold resources of nearly as much.

Nor does it include its other gold, diamond, platinum and other base metals projects.

Take a look at this long term chart of Caledonia and you will see it has the potential to explode in price in a short matter of time.



It has had two massive run ups in share price. In 1986 it rose from under $1 to over $7 in just over 1 year. Then in 1994 it rose from under $1 to over $9 in less than 1 year.

The question is, does it have another run coming? I don't know. But, I do own 69,300 shares of CALVF and would love to see it make another big run. Be sure to do your own due diligence as these are numbers that I calculated based on information on Caledonia's web site. Remember to invest at your own risk. Penny stocks can make huge gains but can also make you lose all or substantially all of your investment as well.

New Explanation of What's Going on in the Markets Today

I recently wrote a piece about SIV's or Structured Investment Vehicles in which a commenter anonymously posted that I didn't know what I was talking about. This following video is quite funny and right on point.

Enjoy this excellent explanation of SIV's: