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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 25, 2012 12:53pm
345 Views
Post# 20523658

RE: RE: RE: RE: earnings

RE: RE: RE: RE: earnings

Keep in mind this is a quarterly report so the weighted number of shares over the quarter should be used.  Since the new shares and dilution was late in the quarter, I do not see much effect until Q4 when they will need to be fully accounted.  Therefore, expect Q3 to be moderately higher than expected and Q4 be a tough beat quarter over quarter.  However, as I said several times, I am not investing in SAND/SSL for this or next quarter but for 1-3-5 years plus.  No stock goes staight up; howerer, Sandstorm chart should continue to move from the lower left to the upper right.  I want to be there for the ride and will continue to add SAND and STTYF shares on any pullbacks.  GL

Bullboard Posts