OTCPK:STADF - Post by User
Post by
PamplonaTraderon Mar 04, 2014 6:36pm
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Post# 22280279
$200mm tax pool
$200mm tax poolMakes this an enticing takeover target.
The tax pool is worth up to $60mm to any acquiror. Replacement cost for a mill is around $30mm (guestimate). That's $90mm of book value and we havent even begun to talk about the gold or district scale potential of SAS's land package.
Too, all-in-costs are inline with the largest of gold producers and steadily improving. Macros look favorable going forward for the gold mining sector.
SAS is too cheap for me to resist.