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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 16, 2012 9:25am
284 Views
Post# 20487767

RE: GREAT NEWS from COLOSSUS

RE: GREAT NEWS from COLOSSUS

Great drilling news; however, until we get either an official or unofficial resource esrtimate (recoverable gold, platinum, and palladium) it will be very hard to factor the Colossus mine into the CF and NPV for a reasonable pricing of Sandstorm Gold.  For now, I guess we can use a 2X factor for NPV.  This could be a little high or significantly low.  I'm using a conservative 2X because the company has to have this expected return to even consider the project.  Any other ideas/comments are welcome.  GL

Bullboard Posts