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Sandstorm Gold Ltd. T.SSL

Alternate Symbol(s):  SAND

Sandstorm Gold Ltd. is a Canada-based precious metals-focused streaming and royalty company. The Company is focused on acquiring streams and royalties from mines. It holds a portfolio of approximately 250 royalties, of which 40 of the underlying mines are producing. The Company’s segments include Aurizona, Blyvoor, Bonikro, Caserones, Cerro Moro, Chapada, Diavik, Fruta del Norte, Hounde, Mercedes, Vale Royalties, Vatukoula and Other. Aurizona mine is in Brazil. The Blyvoor gold mine is located on the Witwatersrand gold belt, South Africa. The Bonikro gold mine is located in Cote d’Ivoire. Caserones open pit mine is in the Atacama region of Chile. Cerro Moro mine is situated in Santa Cruz, Argentina. Chapada mine is located 270 km northwest of Brasilia in Goias State, Brazil. Diavik mine is located in Lac de Gras, Northwest Territories, Canada. The Fruta del Norte gold mine is located in Ecuador.


TSX:SSL - Post by User

Bullboard Posts
Comment by ipanemaon Sep 06, 2011 7:40pm
302 Views
Post# 19016172

RE: RE: Nice Luna Gold Production Update

RE: RE: Nice Luna Gold Production UpdateI agree with you it's a sweet return. With depletion at $147.50 an ounce and a cost of $400 once the price of gold hits $1,546.50 we're $1,000 an ounce in hand. 17% of  5018 ounces in August gives us 853 ounces to buy and sell. If we got an average price of $1,720 per ounce in August we made a round $1 million. Not bad for one month's income on a $19,977,000 advance eh.
If anyone thinks my numbers are wrong please advise.
GLTA
Bullboard Posts