GREY:COLUF - Post by User
Post by
wwadehammeron Dec 16, 2013 9:13am
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Post# 22009005
Cash on Hand at Sandstorm
Cash on Hand at SandstormSandstorm gold had $90 million in cash on hand at 9/30/13, down from $141 million at 1/1/13. Sandstorm energy and mining only had about $3 million at 9/30/13. Wouldn't think Sandstorm would want to finance an additional $70 unless Colossus gives them a super streaming deal. How far will they go to protect their investment? A good NI43-101 might convince them to stick with us.