Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 25, 2013 10:54pm
177 Views
Post# 21304278

RE: RE: RE: Sandstorm warrants.............

RE: RE: RE: Sandstorm warrants.............

Earlier in this thread, Metalschick wrote: <It's also amazing just how illiquid warrants are too.> and several readers didn't appreciate it.  She didn't point out that she was referring to the US exchange, where the trading volume is quite low compared to the volume on the Canadian exchange.

When trading the warrants on the US exchange, liquidity must be taken into account.  It is not uncommon to have zero volume for the day, and it is very common to have fewer than 10,000 warrants traded.  If someone had to sell tens of thousands of warrants on any given day, that likely would present a problem.  For those of you trading on the Canadian exchange, not so much. 

It is what it is, still, I am heavily loaded with A-Warrants, and I buy on the US exchange.  I haven't sold any yet, but the liquidity issue would have to be taken into account if/when I do.  TriN

 

Bullboard Posts