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Bullboard - Stock Discussion Forum St Andrew Goldfields Ord STADF

OTCPK:STADF - Post Discussion

St Andrew Goldfields Ord > Recent drill results - little impact?
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Post by miner540 on Sep 12, 2014 4:06pm

Recent drill results - little impact?

Positive drill results seemed to have little impact on share price or volume? Any thoughts......
Comment by goldingot on Sep 12, 2014 6:10pm
I think if the current pog were 1400$ + you would see something very different. All the miners are suffering the same fate at the moment with the pog hovering at around break even, give or take. Good time to be accumulating imo, but then, we said the same thing a year ago.....gold in the ground is worthless unless it can be extracted at a profit. That's my take on it, hope it changes soon but ...more  
Comment by TedOwens on Sep 13, 2014 1:27am
The recent results, while very encouraging to say the least, are somewhat sporadic in their returned "grade x width" metrics from hole to hole and thus do not collectively form a definitive mineralization trend of economic continuity/predictability scope in order to get excited about just yet. This does not mean that the project is not without above average virtue but carries with it the ...more  
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