St Andrew Goldfields Ord STADF

RE:RE:RE:RE:RE:RE:RE:MORE Boogie Men and Scare Tactics - PART 2

[Harriston]

jollynik6, I've posted my thoughts here before so you are welcome to go back and take a look. In a nutshell we are not currently in a favorable market for gold. I expect that to change over the next few years as Europe has just started the Quantitative easing. If you step way back from the gold chart and look at a monthly chart you will see we have been essentuiall bottoming since mid 2013. A move through $1400 on the upside could be a quick move to new highs. When that happens expect all the gold mining shares to go from dramtically undervalued to fair valued to over valued. 
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With respect to SAS specifically my opinion remains the same. The company has no debt, cash that continues to grow in their bank account and reserves that keep growing. This stock by any metric is CHEAP and I have no problem sleeping at night while holding this asset. The likley outcome is one day Primero will make an offer for our shares. It will be a paper offer so we will all be holding Primero shares one day in the future. What day that is? I don't know but until then I don't mind buying more and waiting. 
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Cheers and best to all.