Sandstorm Metals & Energy Ltd STTYF

RE:RE:RE:RE:RE:RE:RE:What is Sandstorm Entitled To ?

[carinthian]

Thanks for the info on the CC and the numbers.

So with the NSR from Xstrata their administrative expenses (which I see with 1,5mio for 01/13-06/13 in their 2nd quarter report) should be covered.

250k flow in from the Anterra convertible note.
Around 2,9 mio. worth is held in equipment for sale - question if this is really worth 2,9mio and why does it take so long to sell this stuff?
Cash at the end of june was 2,8mio.

Hopefully in 12 month from now palladium kicks in.
Hopefully in 24 month from now Prairie Creek kicks in.
Hopefully in 120 month from now Entree deal will kick in.

In their presentation they mentioned Thunderbird and their coal assets as additional value which - as far as I understood their financial reports - is zero and I personally have not seen any sign that this will change anytime soon?

So I hope too that they use the time until the results for the third quarter to work on some material news which then can be released. Personally I expect them to finally sale the equipment and give a clear and reasonable pitcture of the future of the company (Thunderbird, Coal, new deals) that convinces me. Hopefully they do not "surprise" us with a streaming agreement on Prairie Creek as the financing of this should be painfully dilutive at these levels...

As always just my personal opinion. DYODD
carinthian