St Andrew Goldfields Ord STADF

Press releases

[miner540]

Any comments on the drill results and production number for the last quarter?

[TedOwens]

Given the complete lack of share price movement which followed the press release, it clearly suggests that the markets were not impressed with the drill results on a speculation value level looking forward.....This is not surprising given the fact that the drill results were very far away from the production reserve boundaries and furthermore; That the tenure of grade and width of gold

[couldbeornot]

nothing to do with SAS....it's only POG and the market. A phenome by many other companies. SAS is definitely one of the best junior mining company.

[Harriston]

Make no mistake these are very positive drill results. Why hasn't the SP moved higher? I believ it has more to do with the sell off in the equity markets and the current non-interest in Gold. SAS was unvervalued and with these latest drill results it is extremely undervalued.

[TedOwens]

The further regressing share price suggests otherwise.......The market analysts can see through the promotional rhetoric and as previously stated in the last post, the drill results are only adequate enough to suggest that flat line production continuance is possible towards future production ounce levels nothing more.......What SAS needs is some really big hits to move things to the next level...

[Curvature]

This post has been removed in accordance with Community Policy

[TedOwens]

That's why SAS needs to find something outside of the production areas........The problem is that they have no other interesting projects of any kind which reside outside of production or brown ground regions.......The large land base they proclaim is being aggressively explored has not returned one iota of hope

[Curvature]

This post has been removed in accordance with Community Policy

[Harriston]

"promotioanal rhetoric"? I'm not promoting this stock, I'm just stating the facts, those were very good drilling results. With respect to your comment  "share price suggests otherwise", I would suggest you to take a look at what has been dominating the business news recently; stock prices have been in a corrective phase with juniors leading the correction. I