St Andrew Goldfields Ord STADF

Perfect Time - To make a move

[cre8value]

Market Cap -  $75 million USD  

$75 million - 21 million cash  =  $54 million USD

Holt 3000 tpd mill is work at least double or triple that amount.

Perfect time for Primero to pick this up...  Cheaper than dirt now.

[Harriston]

Agreed Cre8value, that's why I as a value investor will be buying more shares. While the stock has not performed in the sluggish gold market we've been in for the last several years, not many gold shares have. That aside the share price is depressed to such low levels that there is little downside risk to investing ones capital here. Whether Primero or someone else bids for us OR we just

[Curvature]

This post has been removed in accordance with Community Policy

[TedOwens]

This legal impediment is a primary example of why St Andrew needs to venture, exploratory wise, outside of its existing brown ground development holdings where new discoveries could be made which don't have any historical legal or royalty choke holds in place......Given St. Andrew's enormous land position along the most prospective exploration trends its is particularly perplexing as to

[Harriston]

Curvature, "meaning of Value investing"? Well in the junior maket (given there is no dividened) it means aquiring real assets with your money for less than it would take to actually go out and replace them usiing those same dollars. SAS has NO Debt, is making good $$$$ and banking it which increases the VALUE of the SP, has epanded it's probably reserves and has a Mill that is worth