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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 Ethanbrodieon May 06, 2015 10:57am
152 Views
Post# 23699444

RE:SSL availabale cash

RE:SSL availabale cashThey only have about 40 million in cash now because of the diavik mine royalty aquisition which in my opinion was not that great of a deal for us considering the payback period.. it only cash flows like 1.5 million a quarter (with mine risks--- low but still) that's 6 million a year, so it will actually take more than 10 years to recoup after taxes/expenses.. To me, I invested in this company to get alot more of a return than that.. maybe if it has a 50 year mine life with potential production upside.. I think this deal was desperation to save face for management.. especially since aurizona is going out.. I guess the good news here is that it somewhat sets a base now for the shareprice, and diversifies risk...
Bullboard Posts