InvestorsHub Logo
Followers 26
Posts 2151
Boards Moderated 0
Alias Born 03/30/2004

Re: dr_airtime post# 31826

Friday, 05/08/2015 8:57:50 AM

Friday, May 08, 2015 8:57:50 AM

Post# of 35715
SAS From that article Another nice summary.

At $0.32 share price, St Andrew Goldfields trades at 4x cash earnings (only ~3x excluding net cash on hand)

By the end of this year SAS should have net cash on hand of ~$0.13 per share (I dont see this happening as they need CAPEX to fund Taylor development and exploration costs)

At any rate. A debt free, 100k growing producer from Timmins at anywhere near an EV OF $100 Million is a great value.


Note Randall Abramson the writer of the article was buying heavily in the mid 20's

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.