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St Andrew Goldfields Ord STADF



OTCPK:STADF - Post by User

Bullboard Posts
Comment by Thunderhead1on Nov 13, 2012 11:48am
241 Views
Post# 20593558

RE: Q3 Results

RE: Q3 Results

Yes, a solid Q3.... solid production and cash costs going down. They say now at a steady state production rate of 100K oz/yr. If $Gold remains near current $1700/oz then I expect annualized cashflow ~15c.... surely deserves p/cf @8x = s/p $1.20. Seems to be under radar. Maybe co is too small? Maybe no sexy catalyst for near-term production growth?? Whatever, I think a great buy @50c. GLTA.

Bullboard Posts