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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 TriN2Learnon Apr 13, 2013 3:04pm
265 Views
Post# 21250917

Z, thanks for your perspective

Z, thanks for your perspective

Z, thanks for your perspective.  I knew from discussions on the old Yahoo board of your strategy, but I was surprised recently to learn that you hadn't added more to your SND core position than you had.  You have more patience than I do, watching it go as high as it did, before coming back down toward earth, though it may still not have reached it.  I also had "stink bids" in place, that filled.  Unfortunately, those bids now stink, since the price has fallen well below them.  I am readying new stink bids, that's why I was trying to determine how much of my cash reserve to put into play this time around.

This post will likely garner a "1" rating, but money management is an important part of investing.  There should be more discussions on the topic, and how any strategy may fit into ones own personality and financial position.  I do live in the US, and my cash reserve is in line with your point in that situation.

Thanks again, and best wishes to all of us.  TriN

Bullboard Posts