RE: jury still out for me I think we will look back at the 0.34$/share days later on as insanity. Nolat is batting 1000 with SLW and Sandstorm Gold. Willl he fail long term with Energy and Metals? I would have to bet against it. It might just take 6-18 months to start to move and get REALLY good streams and generate cash flow. This is my prdediction for Energy and Metals:
Then by this time they will be signing more streamers and Bramcleod will be expanding and producing cash flow. So will Collossus minerals. So let's say 24 million per year cash flow. from 0.34$/share to 2$/share with these cash streams coming in. maybe Thunderbird or Nova DX wil come through...
Reverse split to 1:5 so 10$ .. market wont like it.. Back down to 8$/share.
And then at this point the fun will begin.. 10$/share.........12$/share
And so on and so forth. Ending with a 2.5% dividend maybe 5 years in. With a share price of 30-40$ a share. So is 0.34$/share risky??? nah. This is Nolan Watson. This one will have its early challenges but In my opinion with a hedge position in Sandstrom gold in case this thing is slow out of the gates. Its a good gamble. Im investing 33% SLW, 33% sandstorm gold, 33% sandstrom energy and metals. This in my opinion is a perfect portfolio in and insane money printing world. I enjoy guessing speculating and guessing. I enjoy it when people challenge my ideas and counter punch me. We all learn that way.