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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 Nov 19, 2012 11:51pm
367 Views
Post# 20620437

Direction of gold price....

Direction of gold price....

 Anyone who questions the direction of gold should take a look ot the two recent blogs by James Turk and John Embry at www.kingworld news.com.  Both are expecting much higher gold prices (in the not too distant future) partially due to the combination of the falling worldwide production and very high inflation in mining costs/expenses.  Nolan Watson has cited the high inflation related to mining.  The price of gold needs to go to close to $3000 to just catch up.  As far as SAND/SSL, just hope NW and the team can put together multiple streaming deals before the pice of gold blasts through 2000-2400.  Sandstorm needs to put togther as many deals as possibe with the per ounce in the $500 area.  Those deals could be a thing of the past...very soon.  GL

Bullboard Posts