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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 doomz78on Feb 26, 2013 9:41am
213 Views
Post# 21042111

If mongolian government screws us....

If mongolian government screws us....

I am guessing that Rio Tinto would buyout Entree.  Maybe.  Just guessing.  And that our Ann Mason Net smelter return goes up from 0.4% to 2-5%.  That would be one option.  Getting the cash back would also be nice. 

I think the Ann Mason Smelter return is the forgotten gem on this deal.  And politicians will say what they have to say to try and get elected.  But let's not kid ourselves.  They want the gold, copper, silver out of that ground as much as Rio Tinto does and as much as entree does..  And as much as we do.   The government can push but only so hard.  If they push too hard they will be left with a pile of rocks in the ground.  And Rio Tinto will grab their ball and go home.  

 

 WHo has more to lose?  The government or the mining companies?   Got physical gold and silver yet????      Its starting to look better and better. 

Bullboard Posts