St Andrew Goldfields Ord STADF

RE: What is going on with this stock/company?

[redfox]

Locke, you have to be patient. They cant de-water the mine overnight. It gets progressively harder to de-water the lower down you get. You also have to shore up the mine as you go along...these things dont happen in the space of days, but rather months or quarters. They already put out news that alluded to a start later this year. I would be surprised if an ounce of ore is mined much before October. Even all the old mine equipment must be brought back into commission. My advice, for what its worth, is to either sell on movement or just hold. Doubt that this will have drastic swings one way or another, but we may see a slow gradual cent per week increase over the next few months.