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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 Metalschicon Jun 27, 2013 11:56am
189 Views
Post# 21576461

Just my thoughts

Just my thoughtsWhile it is certainly depressing to see our share price go decline in value from $15, I still believe this is a fantastic long term hold.  That said, gold and silver is the ultimate anti-dollar.  The Fed and it's minion banks will do whatever it takes to preserve the petro dollar as the global reserve currency.

That includes naked short selling of gold, dumping millions of dolaars worth of paper gold on the market, saying that gold is a barbaric relic, etc.....

Why are customers taking so much phyzz gold out of JPM vaults?
Why would it take 7 years to deliver Germany's gold?
Why are the Central Banks buying so much gold?

There is a poster on Kitco who goes by the handle of Tall Tom.  Very articulate and very smart. 

Last year, Nolan said that short term he was bearish on gold, and long term bearish on the dollar.  Our CEO knows more with what is going on in the global financial landscape than a lot of people.  Trust their vision to navigate us through this turbulent time.


GLTA




Bullboard Posts