SAS reports third quarter production of 25,434 ounces of gold and provides notice of 2013 third quarter earnings release and conference call
TORONTO, Oct. 10, 2013 /CNW/ -
St Andrew Goldfields Ltd. (TSX-SAS) (OTCQX-STADF), ("SAS" or the "Company") is pleased to report third quarter 2013 ("Q3 2013") production of 25,434 ounces of gold from its Holt, Holloway and Hislop mines, and reiterate the 2013 production guidance of between 95,000 - 105,000 ounces of gold.
SAS has an ongoing P/E of 6.60, which indicates that it is undervalued. MACD and Stochastic Oscillator are showing positive signs up according to canada.stoxline website. wang thank you, welcome to SAS -
Ps. Gold inventories have been absolutely plundered. GLD has lost over 600 tons and COMEX another 200+...with December right around the corner. December COMEX has open interest representing over 22 million ounces.
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