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St Andrew Goldfields Ord STADF



OTCPK:STADF - Post by User

Bullboard Posts
Comment by redfoxon Feb 09, 2004 7:58pm
156 Views
Post# 7028687

RE: Re News Release

RE: Re News Releaseflyon- you are looking at this too negatively. Problem with SAS is that they announced a plan of action and are sticking to it. Unfortunately they wont have a lot to say until the mine is de-watered. That is not something that will be accomplished overnight for a variety of reasons including the volume of water that has to be pumped out, temperatures, etc., etc. This company will operate a mine by year end - not if, but when. If you are right, and I highly question that, then jump now on a bit of an uptick. As for gold going down, thats an interesting one. I suggest that you go to mineweb.com and have a look at the learned thinking for POG for 2004. I will spare you the reading but its something like this - average of $425 through 2004 with peaks at $450. Also look to Merril Lynch who are predicting the same thing. So there is a slim chance that you are right. My money says that you are wrong on both fronts and that this will be a producer. Time will tell who is wrong, but that is the beauty of this game. He who is wrong pays the piper. I am not looking at any tunes that I want played. Nonetheless, best wishes and happy investing.
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