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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 Apr 03, 2013 8:10pm
292 Views
Post# 21207734

RE: Buying Opportunity?

RE: Buying Opportunity?

Strong buy under 11.  There; you wanted it and you go it.  I still maintain a 14.16-16.52 target for SAND by year end (+20-40% for the year).  If we can get 40K+ oz of gold and get the price (even) in the mid-1600s, you will see a huge price recovery. Since I am buying more ($3-5K) every 15 to 30 days., no problem with the price depressed for weeks or even months.  One of two things will happen.  There could be a quick turn or just a slow move back to the mid 1600s and then a nice move up in a few months.  If history tells us anything about the overall stock market (US), great Oct-Mar/Apr does not mean the trend will continue in May-summer period. GL

Bullboard Posts