RE: $4.25 a share? NZ, My take on the Seeking Alpha article: It is a joke. How can you evaluate a company and leave out the largest two assets (streams)? By all reports, the Luna stream will produce at least 5 million ounces. That is 850K ounces to Sandstorm (~$1B to SSL). Not bad for an overall ~$33 million investment. Granted, the cash flow to SSL is not discounted; however, there also is no provision for grow in gold prices or resource expansion. Who know how Colossus will look like in (say) five years? I think Sandstorm thinks it will be somewhere between very meaningful and huge. Bottom line: Proven one thing but "mostly likely to happen" is also a major driver (especially for Sandstorm Gold). Note: I agree with your post and gave it a high rating not because the article was a true picture of the company but because you pointed out some of the flaws in his reasoning. GL