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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 denisonodon Oct 04, 2012 3:52pm
245 Views
Post# 20449118

RE: Greedy Gusses.

RE: Greedy Gusses.

Just looked at the SAND options tree from my broker.  The open interest (OI) is really picking up.  The Dec 12.5C has 1159 OI contracts.  Mar is picking up: Mar 12.5C at 706 and Mar 15C at 863 OI contracts.  Spreads are still too wide for me; however, if things continue on this path, SAND options are increasing in liquidity and spreads will contract.  SLW and AUY have very tradable options.  Even if you never want to trade options, watch the options action.  We will know when Sandstorm has really arrived by keeping an eye on the options volume and OI...among other factors.   GL

Bullboard Posts