St Andrew Goldfields Ord STADF

Long term hold

[kingscorpion]

Prested SAS is a long term play for me because, it is a producer and as a producer it will continually increase it's production either organicaly or by M&A or both Personally i wont sell my stake before it reaches $1.50 At that price with current production and POG It's P/E will be around 25.
Right now however, it's P/E is about 6 which is considered very cheap and as such a perfect take out candidate  as well.