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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 doomz78on Nov 02, 2012 2:16pm
222 Views
Post# 20556191

RE: Gold

RE: Gold

Yes. Gold is going down on better then expected job numbers.  Whis is a load of bull.......   They are attacking gold and silver today to try and paint Obama in a good light.  Amd also because they can.  Meanwhile with all this manipulation in the precious metals market the cost to mine and ounce is now at about 1400$/ounce.  I wonder if gold mines would mine gold at a loss?   I dont think so.  The Central Banks and the world cartel have to be careful how low they push the price down.  If you create less supply by making it unprofitible to mine you will create higher demand.  So long term is the USA dollar the place to be or is it in gold????    I think the answer to this is very obvious.  The USA trillion dollar deficits and growing are very concerning.  Sandstrom gold is still solid and you should be buying more today.  Days like this suck but its part of the game.  The stock market doesnt care about my analysis and the rigging is temporarily effective.  But with every manipulative action there are long term consequences.  I.E.  Gold at 2500$/ounce in the next few years.  GLTA.

Bullboard Posts