Caledonia Mining to Pay Maiden Dividend as Blanket Gold Mine Thrives 

At the end of September the company had a net cash balance of 
 up from C$9m at the end of 2011. 

CALVF has about $0.05/share in cash and NO DEBT - 

Caledonia (CALVF) Blanket Gold Mine is now one of the Lowest Cost 
Gold Producers in both Africa and the World,
it highlighted - 

Caledonia Nama Cobalt and Copper Projects - Caledonia Nama Limited, 
a wholly owned subsidiary of Caledonia, 
holds four contiguous Large Scale Mining Licences, which 
cover approximately 800 square kilometres on 
the northern extension of the Zambian Copperbelt.