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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
Post by denisonodon Oct 22, 2012 11:42am
426 Views
Post# 20510022

Expect an announcement....

Expect an announcement....

about the earnings release and CC dates almost any day.  Target date for earnings is Thursday, Oct 25.  this could always slip; however, Sandstorm Gold has been very good (the past couple of quarters) about releasing earnings with four weeks of quarter's end.  I don't expect anything earth shattering...probably just steady progress and maybe a slight bump in estimated full year gold production.  Key is looking ahead: SAND/SSL should get much larger (market cap and share price) each year for the next 3-5 years as the current streaming (and royality) deals develop and mature.  This built-in grow (plus possible gold price kicker) should propel the share price gradually higher.  As I've said many times, when a stock has a long term trend from the lower left to the upper right (on the chart)...IMO it is far better to buy, hold, and the just accumulate more on 5-15% pull backs.  A new all-time high is (most likely) just weeks or a few months away.  Why?  Expanding everything: Gold production, gold prices, more streams on line, additional streaming deals, more financing at higher prices, more instutional sponsorship, and more recomendations and coverage.  GL

Bullboard Posts