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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 Metalschicon Mar 04, 2013 2:29pm
308 Views
Post# 21075070

RE: My larger plan

RE: My larger plan

That is very smart thinking, Doom.

 

I'm of the camp that when it comes to physical metal, that if you can't hold it, you don't own it. 

 

Like you, I have a very nice position in the sisters, and I have been buying physical for years.  I don't let anyone hold it for me.  The key is to have a very secure safe, that is well hidden.  Then  have a "dummy" safe with junk in it that is somewhat easy for someone to locate.

 

However, in my case, someone would have to gt pas my dog, then get past my AR.15 / Shotgun / Pistol and my home securty system.  Not easy to do.  ;)

 

I like to have my metal where I can get to it in a SHTF situation.  Plus, it's piece of mind to have, because the fiat ponzi scheme is mathematically doomed to fail.

 

If you decide to take possession of your metal, may I suggest for your gold, not anything more than 1 oz size and for silver not anything lagerthn 10 oz bars.  Anything larger than that will be too hard toget rid of.    Also, shop around.  Get the most metal for your dollars.  Some on line dealers have free shipping. 

 

Keep this in mind as well....  The smaller the fractional, the larger the premium.  However, I usually don't let premiums scare me.  But, I'm a long time holder of physical, from the days of $5 Ag and $300 Au, and I'm still buying.  Lately I've been getting into pre '65 U.S. 90% and more European gold coins. 

 

Also, I'm not planning on seling my metal, but rather use it to get into another asset class that will be income producing, after the reset has happened.

 

ps.  You can pm me for good online places to buy and I'll tell you from my experience who is better.

 

Good Luck!  :)

Bullboard Posts