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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 Dec 20, 2012 2:35pm
329 Views
Post# 20757055

RE: RE: RE: Gold/Silver action today

RE: RE: RE: Gold/Silver action today

no one knows fo sure. Minig cost per ounce is the wild card in all of this. If they push the price down too much...  You will have a nat gas situation like we had this year.  Where produers shut off wells vs. lose money.  In the gold world that would be less exploration. Less production in the present and future.  Manipulation often times can create incredible opposite reactions.  LONG TERM. 

So I believe the powers to be are constantly trying to walk this tight rope.  Supress price without supressing production.  Can you imagine if gold hits 2000$/ounce what that wil do?????   Joe 6 pack woul finally join the rally and push gold to higher prices.  The price of the Comex and what gold is really worth are slowly decoupling. IMO.  It will just take time.  Supply and demand will win in the end.  This is just the short term game to confuse and discourage.  Gold is going down when the USA, Japan,EU are printing massive money.  ????  Ask yourself why.

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