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Sandstorm Metals & Energy Ltd STTYF



GREY:STTYF - Post by User

Comment by elmothefearlesson Apr 08, 2013 11:07pm
293 Views
Post# 21229272

RE: RE: Mongolia is like quick sand

RE: RE: Mongolia is like quick sand

The CSI deal is compelling.  Palladium trades at approx. 50% of the price of platinum, but the grade of the CSI deposit is expected to have 100% more palladium than platinum.  If we valued the platinum stream SSL has equivalent to that of SND, that would leave the value of the gold royalty of 1.5% at $45 million.  Seems a little high.  My bet is that the fair value of the palladium stream was closer to $20 - $25, and we got it for a song.

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