Post by
fatcharlie on Sep 22, 2012 1:06pm
jury still out for me
I bought ssl and snd at the exact same time. SSL has been stellar, SND is actually below where I purchased (.36) a couple of years ago. I still have SND but will wait before I consider buying anymore. The recent uptake seems to be more related to the climb with SSL rather than what I see with SND. For that reason I am still on the fence.
Comment by
Metalschic on Sep 23, 2012 10:45pm
Doom ~ Matches my thoughts exactly. GLTU
Comment by
Lojax on Sep 24, 2012 12:17pm
CEO is 100% key for my investing as well. I'm not fully sold on the SND machine though, but honestly want to be as Nolan does EVERYTHING right. You can't doubt this guy and his abilities that's for sure
Comment by
elmothefearless on Sep 24, 2012 6:32pm
What parts of the "SND machine" aren't you sold on? Lets foster some critical discussion, not just mindless pumping like on other boards.
Comment by
bob4977 on Sep 24, 2012 7:36pm
I find it hard to argue with Sesame Street but I am not sold on the Novadex deal. We are upping the ante on the risk when we turn our streaming deal into an equity position and then adding another $5 million to the position. Nolan has done some stellar work on SSL but we have made some bad loans in SND. I am not saying the Novadex deal is a bad one, but we definitely upped the risk on it. Bob
Comment by
Welland on Sep 24, 2012 11:17pm
To Doomz78 My portfolio has some similarity to yours but I have a little more diversification : I have 22% SLW (silver royalties) , 22% PSLV (Sprott Silver Bullion), 22% (SSL and FNV) Gold Royalities, (11% SND) Metal Royalties. Balance : other stocks along with a large position in ORT - Orbite Aluminae.
Comment by
bob4977 on Sep 25, 2012 12:56am
No argument there metalschic. I just hope SND had real sharp pencils when they costed out their risks. Coal prices are in the dumpers right now and I see no rise in price till after nat gas gets back into balance. Bob