GREY:STTYF - Post by User
Comment by
Margreton Jan 20, 2012 12:30am
312 Views
Post# 19425332
RE: RE: RE: NOVADX UPDATE...........
RE: RE: RE: NOVADX UPDATE........... Sandstorm Gold has almost same number of shares fully diluted.
The absolute number of shares does not matter, it's the total market capitalization that matters (number of shares times share price). That is what the company is valued at. At $120 million, SND is several times cheaper than Sandstorm Gold and other streaming companies.
He's assuming all the warrants get exercised. If they get exercised, it will be at
.70 a share which is double current share price and will give Sandstorm over $100 million more cash to invest in new streams.
Or is he trying to scare people so he can pick up more cheap shares lol