St Andrew Goldfields (SAS)

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Plan for Surviving Gold's Summer of Discontent

Commodities / Gold and Silver 2015 Aug 04, 2015 - 09:29 AM GMT

By: The_Gold_Report

While Randall Abramson, CEO and portfolio manager with Toronto-based Trapeze Asset Management, freely admits that we are living through the summer of discontent in "Commodityland," he says investors should step back and look at commodities, especially gold, from a macroeconomic and historical perspective. In this interview with The Gold Report, Abramson discusses the magnet he expects to pull gold to around $1,400/oz inside 12 months, and he also offers some of his favorite names in the gold space.

The Gold Report: July 13–20 was an unusual week in the gold market. In a May newsletter to Trapeze Asset Management clients, you argued that the glass is "half full" for investors given current macroeconomic signals. Much water has traveled under the bridge since. Has your view changed?

More here. St. Andrew Goldfields is mentioned 3/4 of the way down. The biggest thing, St. Andrew has brought there all-in sustaining cost (AISC) to $900 / oz.