Can Taylor be St Andrew's Santoy Gap?Over prior years i wasn't too keen on St Andrew Goldfields, but the recent bulk sample(s) and step-out drilling success at Holt changed my mind.
Taylor kind of reminds me of Claude Resources Santoy Gap mine, the market didn't seem to see it coming, but those who watched closely new it would be twice as much gold per vertical metre... as compared to traditional Seabee ore. If Taylor holds up in the 8-9g/t range, i think earnings in 2016 will surprise some folks. Obviously, the permitting will be a catalyst prior to that.
Not unlike Claude (six months ago), St Andrew doesn't have any analyst coverage to speak of at the moment, but that will change in the next 12-18 months. Claude has gone form zero to 5 analysts practically overnight.
Thanks to a lack of analyst coverage this news (which the board an i are aware of) hasn't been broadcasted widely yet. Wouldn't be surprised if the analysts-to-be are acquiring the stock in advance of future coverage.
Here's a link to more of my thoughts on St Andrew Goldfields...