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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 Apr 30, 2013 10:14pm
226 Views
Post# 21322744

price of gold

price of gold

It costs miners 1300$ on average to mine an ounce of gold.  Well between 500-2300$ to be more exact.  With an avg price of 1300$/ounce.  So 6% real inflation per year.  This year it should be 1400$/ounce.  So the bottom line is ....   Even if the Comex smashes the price again gold will always find it's equilibrium long term and supply and demand will win out in the long term no matter how messy this thing gets as fiat trash is printed into oblivion. 

Main stream media mantra; if you repeat a lie enough times that lie becomes real. "There is no inflation".   Repeat.  Repeat. Repeat.  Only gold miners feel inflation.  No one else. lol lol  lol    They have lost their minds.  A nation built on confidence and unicorn dreams. And Ben Bernanke fiat monopoly bucks.  I get the joke Ben.  Supress the price on the comex and destroy the dollar.  I get it.   

Bullboard Posts