Replies to post #31218 on Value Microcaps Junior Miners

[checkmate28]

SAS.v St Andrew Goldfields
Another way to look at them is their EV/Insitu oz.

With a 2.81 million oz resource and $70Mill EV, SAS comes in at less than $25/oz in the ground making them a clear cut leader here.

Financially, a great balance sheet and strong cash flow make them one of the strongest, if not strongest small company producers in the Abitibi region.

Based on current results so far, I see the Heslop drilling making them a cant resist for Primero.

[goforthebet]

Nice buys. So I guess I compete with you for the best bid :) Bought some at the ask yesterday at 0.25, which is still a great price.

imo when Gold goes higher again this will skyrock. glty

[checkmate28]

SAS.v .36 Continues to impress with todays drill results. The share price has responded nice since my post and buy in late May (up 40%). Todays Smoke Deep results are superb. Smoke Deep along with the previous Taylor and Heslop zone, provide a bright future for added resource numbers and increased cash flow in the near future. With the new drill results, I still think SAS provides one of the best values out there at todays price, and that Primero will eventually take a run at SAS. I'll be adding on weakness. Link back for more DD.


Todays News

http://web.tmxmoney.com/article.php?newsid=68856216&qm_symbol=SAS

SAS.v Provides an Exploration Update for the Smoke Deep Zone at the Holloway Mine
Drilling Returns: 13.07 g/t Au over 31.6m (7.43 g/t Au Cut); and 11.10 g/t Au over 8.9m (10.72 g/t Au Cut)

TORONTO, July 8, 2014 /CNW/ - St Andrew Goldfields Ltd. (TSX-SAS) (OTCQX-STADF), ("SAS" or the "Company") is pleased to announce additional drilling results for the Smoke Deep Zone ("Smoke Deep") at the Holloway Mine.