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Bullboard - Stock Discussion Forum St Andrew Goldfields Ord STADF

Metals & Mining Gold

OTCPK:STADF - Post Discussion

St Andrew Goldfields Ord > Just my gut feeling
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Post by IknowIknow on Feb 18, 2014 6:58pm

Just my gut feeling

It seems to me that this "lowering" of 2014 projections has an air (as in  preagreed) of an agreement setting up a takeover of SAS in the near future.  Lowering the shareprice by ousting the retail investers with this "news", setting up the ouster price, while the management (as I posted recently) buys additional shares to enjoy this scenario.....

You make the call.  I'm holding.  I've seen this before.....
Comment by TedOwens on Feb 19, 2014 10:58am
The lowering of the 2014 projections is a direct consequence that is associated with projected level of gold reserves the company will have available to mine over the coming 12 months............Exploration aggressiveness undertaken by the company appears to have taken a back seat to production cost reductions and while it was effective in attaining a lowered cash cost guidance figure for 2014, it ...more  
St Andrew Goldfields Ord
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