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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 doomz78on Mar 23, 2012 4:18pm
410 Views
Post# 19711747

RE: RE: RE: RE: RE: RE: RE: RE: Curiousity........

RE: RE: RE: RE: RE: RE: RE: RE: Curiousity........

This stock doesn't trade like a regular gold stock.  It is it's own entity.  Right now it is building another base.  China slowdown and european woes are getting priced in. Or at least considered.   And one of the costs of being one of the best performers is that people will dump it at times to avoid margin calls.  And some mid tier weaker hands will dump it to protect profits.  So on days that gold is down it goes up.  And on days that gold is up it comes down.  Rare, but it happens.  Wait for another stream or good exploration news and the 2$/share mark will get smacked.  I still see 3$/share this year if they add another stream.  Of course a european implosion or china slowdown could put this baby on sale.  With 2 streams added.

Today was a healthy correction/ profit taking/ maybe manipulation.  Why would a big bank short this stock????   Im not sure.   Its just stupid really.  So many weaker stocks out there to short. 

YTD 50.83%.     Im not worried.  

Bullboard Posts