St Andrew Goldfields Ord STADF

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

[TedOwens]

St Andrew is and always will be a steady eddy in the gold mining business but for those who are looking for significant upside potential in terms of speculation/breakout capacity, you are better off looking elsewhere. The business model that this company operates under is extremely conservative and unless there is a major speculation catalyst which manifests as a result of a major discovery, it will be extremely slow growth for many years to come.......A take-out of this play would be welcomed, I'm sure, by those who have been holding this stock long enough now and need more liquidity to be introduced to facilitate an exit strategy.....