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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 06, 2012 11:11am
323 Views
Post# 20456482

RE: RE: Correction

RE: RE: Correction

BXJU,  Highest volumes:  NYSE Mkt  2.27M shares closing at 14.73, +.50, on Friday, Oct 5;  TSX-V  2.05M shares closing at 12.35, +.85, on Sep 21.  NOTE: I am still maintaing a BUY on SAND even though it has reached my 12-month target just set about two months ago.  Based on the recent financing, deal, POG, increase highly favorable exposure (BNN recommendations, Kitco interviews, other interviews, Cramer highlight last Friday, NW on Cramer 10/5, price/volume action, etc.), and look for 2014-15 cash flows, I am setting a YE2013 price target of $25 (+69.7% from Friday's close) on the NYSE Mkt.  You can adjust the Canadian price for your anticipated exchange rate.  This assumes POG to be at 2100 at YE 2013.  GL

Bullboard Posts