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Bullboard - Stock Discussion Forum Sandstorm Metals & Energy Ltd STTYF

GREY:STTYF - Post Discussion

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Post by buckleysgrace on Nov 04, 2012 9:52am

predictions

Seeing lots of those here. I'm seeing 1.20, .90 and so on from some folks here. Are you good folks basing these predictions on charts, financials or just good old guessing? I am in at .34 for 40,000 shares and considering another purchase this week if the share price dips. Looking at that chart one would think that a little break is in the cards, but this thing has wheels.
Comment by denisonod on Nov 04, 2012 10:58am
I have no short term (price) opinion; however, I do have a conservative 2-year (Dec 2014) target of 1.50 based on expeced cash flows during CY2014 and expected CY2015.  From there, I am projecting a 30% cummulative annual total return from 2015-2024 based on older streaming models (FNR and SLW) and Nolan  Watson's frequently stated goal of making SND larger the SSL.  This is ...more  
Comment by fleeinggrandich on Nov 04, 2012 5:44pm
I have no prediction whatsoever for the warrants. Could expire out of the money with nobody on the bid. But I have $5K of them just in case. But I wouldn't be surprised to see some warrants get exercised even if they're out of the money. If I was a fund who wanted to buy a 5% stake in SND for a long-term hold it'd be easier to just buy a ton of warrants, instead of trying to get my ...more  
Comment by bakken13 on Nov 04, 2012 5:59pm
"But I wouldn't be surprised to see some warrants get exercised even if they're out of the money. If I was a fund who wanted to buy a 5% stake in SND for a long-term hold it'd be easier to just buy a ton of warrants, instead of trying to get my fill on the open market." ---------------------------------------------------- And pay 70 cents per share? I doubt it. If a buyer was ...more  
Comment by elmothefearless on Nov 04, 2012 7:54pm
Cold hearted, bro
Comment by bakken13 on Nov 04, 2012 9:17pm
I deal in reality, and reject fantasy. Sorry
Comment by HonestAbe on Nov 05, 2012 3:08am
His $5K in warrants is already worth double or triple that as of last Friday ...
Comment by fleeinggrandich on Nov 05, 2012 6:48pm
If a buyer was patient, he could get all he wanted at a lot less cost on the open market.   Yeah right, 15M shares by Xmas on the open market at under 70 cents. Look at the chart for the first half of October. That's what happens when you try to accumulate 15M shares. It's a gamble, I already said that. But SND's something like 13 cents higher since I bought them.  
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