Sandstorm Metals & Energy Ltd STTYF

RE: RE: "DON is dead in the water

[elmothefearless]

Well Donner stands to make $12 - $15 million a year from its ownership in Bracemac, but they have ongoing capital expenditure requirements, and the mine life looks to be about 8 years.  So between on going capex, administrative overhead for the company, plus additional exploration costs, they are going to burn through probably $10 million of that cash flow, maybe more, which leaves very little for shareholders.  I don't think Donner is trading out of line with the remainder of the junior mining sector.