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Sandstorm Metals & Energy Ltd STTYF

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GREY:STTYF - Post by User

Sandstorm Metals & Energy Ltd > novadx stream
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Comment by bob4977on Apr 01, 2013 10:46am
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Post# 21191874

RE: RE: novadx stream

RE: RE: novadx stream

I am a little choked that SND spent money on the NDX asset while they were waiting for NDX to raise more cash. The good news is that natural gas is now above $4. No idea if it will stay there for long but it does make the economics of coal a little better. My worry right now is TBD. You would think that their share price would hold up better with the improving nat gas story but they are tanking and burning through their cash. Any more details?

Bob

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