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St Andrew Goldfields Ord STADF



OTCPK:STADF - Post by User

Bullboard Posts
Post by redfoxon May 07, 2004 10:52am
166 Views
Post# 7455512

buying opp

buying oppnot this low since 06/07 of 03. With 300 million ++ shares this is way too diluted and until positive news comes out and with POG heading lower in the short term one has to wonder what can / will happen next? Possibilities: 1. nothing, steady as she goes until Clavos et al come on stream 2. share consolidation- say 10 for 1? 3. take over or merger - lots of SAS paper for someone else's paper and accomplishes the same as 2 4. consolidation within the other companies in the empire- you never know with pesky children. speaks to volume to those that bought the private placement in november, although I still think that long term this is a great opportunity. Any takers on how low this will go over before Canada Day?
Bullboard Posts