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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 Baysarjon Oct 05, 2012 2:43pm
324 Views
Post# 20454025

RE: Very long term

RE: Very long term

Very hard to say.  However, the streaming model can grow much easier than your typical mining company, with less risk.  It will be like a snowball effect once all these streams start coming online. 

There is nothing stopping the company from taking this to a multi-multi-multi billion dollar market cap.  There will always be a need for financing.

From a macro side, governments are addictied to spending money they dont have, which should bode well for gold.  I dont see this changing anytime soon.

Moreover, Nolan is very young, so if he were to contiue to lead this company over the next 20 years, I think it's safe to say we will all be very rich individuals.

I do not own any miners, only streamers!  It's definitely the way to go and has paid off handsomely over the past few years. 

Bullboard Posts