St Andrew Goldfields Ord STADF

RE:Share price regress back to mid 20's

[cre8value]

Ted- Look at the chart of GLD. SAS is following the trend of gold right now.  St. Andrew Goldfields needs a mine closure plan for Taylor.  They have already proven that they can deliver about 5,000 oz from Taylor a quarter just with the bulk sample.

Look at this statement
 "2014 production of 90,676 ounces (97,725 ounces in-situ)"  

So when does the extra  97,725 - 90, 676 = 7,049 oz gold  show up?

Does that include the Taylor production or not?  If it doesn't then 97,725 + 4948 (Taylor) = 102,673 oz 



 

[TedOwens]

Taylor may produce eventually but the issue is with St Andrew's capacity to bring it online within a timeframe which would be of benefit in reasonably short term as to potentially benefit the shareholders........Right now, St. Andrew has very limited capital reserves in which to ramp up capacity to a point where the stock price would benefit and this is the reasons why the markets apparently