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Bullboard - Stock Discussion Forum Sandstorm Metals & Energy Ltd STTYF

GREY:STTYF - Post Discussion

Sandstorm Metals & Energy Ltd > Donner Metals Ltd.: Increased Upfront Payment From
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Post by stocktrader1407 on Nov 01, 2012 4:08pm

Donner Metals Ltd.: Increased Upfront Payment From

Marketwire Canada - NFD

Comment by trader2day on Nov 01, 2012 4:49pm
Hi StockTrader1407 That was great you bothered to post this news from Donner Metals here on the SND board. Thanks Just wondering why Sandstorm metals never had a news release about the same thing? I think this is called a material change in the company, just wondering why no release about this from the Sandstorm ticker SND. Proof today why the SND stock jumped to the day high of .60 and yet Donner ...more  
Comment by gopats on Nov 01, 2012 5:39pm
Here's the NR from SSL  (came out an hour later is all)  This NR explains what the original deal was and clarifies the streaming details a little better than the Donner release.   Sandstorm Metals' Bracemac-McLeod Cu share now 24.5% 2012-11-01 15:17 MT - News Release   Mr. Nolan Watson reports SANDSTORM METALS & ENERGY INCREASES COPPER STREAM WITH DONNER METALS ...more  
Comment by House.of.steve on Nov 01, 2012 6:11pm
I'm loving this stock!   "The increased copper stream with Donner will materially increase the near-term cash flow for Sandstorm Metals & Energy," said president and chief executive officer Nolan Watson  
Comment by elmothefearless on Nov 01, 2012 6:14pm
Agreed... this is an excellent deal... very happy about this one.  We may cash flow ~$16 - $17 million annualized from this stream now, flow in a couple million from TBD, we are cash flowing almost $20 million / annum looking forward.  That puts the share price at about 9x forward cash flows.... actually quite reasonably priced.   Wish I bought more under $0.30 :)
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