SAS.v St Andrew Goldfields Whats not to like esp with the hot price right now.
I was able to buy STADF a couple times today at .2435 US funds, but chased them off. Still bidding to finish the fill.
Maybe the cheapest EV for a cash flowing safe jurisdiction Canadian producer.
2013 produced 100k oz, ADDED TO CASH, REDUCED DEBT
Q1 2014 Held the production rate and brought AISC to $1085
They have near $34 mil Cash plus an untapped low interest credit line.
EV near $70mil.. Cant think of a safe jurisdiction producer any cheaper
Not a sexy company with the spread of their operation, but their efficient, with good mgt and the numbers work.
Lot of production upside coming with their High grade Taylor development project. Ramping down now for the 2nd bulk sample.
There heslop mine borders the south end the Brigus/Primero Black Fox Complex has some real good intercepts as they are pounding their own north border.
Would be a natural for Primero to take a run at SAS
Checkmate28
