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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 Dec 05, 2012 8:39am
307 Views
Post# 20684987

RE: Sandstorm Gold Acquires Gold Stream From M

RE: Sandstorm Gold Acquires Gold Stream From M

Wow!  Others posters (thank you) have discussed the numbers of this new steam.  I just wan to comment that this is the main reason why it is risky to try to trade Sandstorm Gold.  You just never know what new or expanded stream, new exploration, new equity financing, etc. is going to be announced.  You can assume that 90-95% of the press releases will be positive.  I will be very happy to see 30% total returns annually for (say) the next 10 years; however, chances are good that results could be north of 40% annually.  Note: With the price under 12, I am back to a STRONG BUY rating and will return to a Buy as soon as we get back to 12.  Great thanks to all the serious posters who try to educate and present positive comments about this still young but highly respected company.

Bullboard Posts