GREY:STTYF - Post by User
Comment by
thegazelleon May 21, 2013 1:25pm
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Post# 21421122
RE: gazelle
RE: gazelle Hi, thanks for your insight and sharing your experiences. I have significant concentration of SND.V in both my RRSP and RESP and as a single income family, I am feeling the indigestion of the stock price continuing to edge lower. I have been buying on the drops since it was at .57 or so (pre-consolidation) and yet it continues to drop. Without a dividend, I am hanging on to my confidence in Nolan's abilities and past track record, as well as looking at the fundamental data like ratios and management effectiveness, etc. (at least with SSL I am). If such volatility is part of both the sector (which I know it is) but also with a startup, I can handle that. It would be interesting to get insight from those who came into Sandstorm Gold right at the beginning. Was it up and down like this? This is the first penny stock that I own and I did research the company, have had countless conversations with Denver, looked at their fundamentals and I still do believe the company will succeed. I guess I should stop looking at the daily stock price. What concerns me are some of the "dud" streams that SND has been involved with so far. Growing pains, I can understand, but I have to believe that Nolan long term can do here what he did for SLW and SSL. If you don't think so, I would appreciate your thoughts and opinions. Thanks!