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St Andrew Goldfields Ord STADF



OTCPK:STADF - Post by User

Post by zutfieon Oct 14, 2013 5:06pm
397 Views
Post# 21815149

Christos Doulis, Stonecap Securities (10/11/13

Christos Doulis, Stonecap Securities (10/11/13Christos Doulis, Stonecap Securities (10/11/13) "St Andrew Goldfields Ltd. offers investors good leverage to gold in a safe political jurisdiction and should be able to survive and generate modest free cash flow in the current (~$1,300/oz) gold price environment. . .the company has posted another quarter of production over 25 Koz and with production in the first nine months of 75,248 oz Au, remains on track to break the 100 Koz/year barrier. We are maintaining our Outperform rating and $0.50 price target."
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