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Bullboard - Stock Discussion Forum St Andrew Goldfields Ord STADF

OTCPK:STADF - Post Discussion

St Andrew Goldfields Ord > Taylor production news
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Post by TedOwens on Feb 13, 2015 8:54am

Taylor production news

Production news at Taylor is just that, news at this point, and won't form an appreciable component for stock price movement. Full production won't be achieved for at least 24 months and will in all likelihood require additional capital sources to be sought........Bottom line is that the news is a positive step but Taylor is still a small deposit which will add minimally to the companies bottom line when taking into consideration the cesation of production at Hislop. Production royalties going to Franco Nevada compounds the above scenario. For big returns some big results need to come out of the non royalty portions of the remaining unexplored land base. .....
Comment by Curvature on Feb 13, 2015 10:30am
This post has been removed in accordance with Community Policy
Comment by analysethis9 on Feb 14, 2015 7:52pm
the conference call presentation showed over 100,000 oz for 2015 guidance including 15,000 oz from Taylor in second half .Great news !
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