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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 Aug 01, 2013 8:32pm
403 Views
Post# 21645336

RE:RE:thoughts?

RE:RE:thoughts?As I have posted in late 2012, I did not expect much in the way of progress (gold sales and cash flow) during the first half.  The price is lower than most expected and key projects (Luna, etc.) will be expanding production over the second half.  IMO, current price (5-7 range) does not reflect the value and built in growth for SAND/SSL.  The current price is in the same area back in 2Q11 when production was less than half and cash flow was less than one third current levels.  And, both production and cash flow should take big jumps over the secnd half of 2013 and overall in 2014.  For some, it may be tough to see the company sit on some $94 million in cash.  For those that missed the CC, Nolan explained that the main reason for no steaming deals was not the price (decrease) of gold but rather the lack of working capital markets.
Bullboard Posts