GREY:STTYF - Post by User
Post by
denisonodon Nov 07, 2012 1:37pm
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Post# 20572805
Rebalancing Sandstorm holdings:
Rebalancing Sandstorm holdings: Sold 10K SAND this morning and used the proceeds to buy 220K STTYF. Would like to have at least a 30/70 to 70/30 ratio between the two sisters. It has taken five months to get back to 82/18 in favor of SAND. For now (especially considering the US election results), I plan to stand pat but could move more towards 75/25 or even 70/30 within the next 3-6 months. I feel more comfortable with the outsized gold holding, but will look for a prudent time (or times) to further rebalance. I maintain both Sandstorms as Buys and look for significantly higher share prices within the next 6-12 months.