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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 royalties and gold and other metals. The Company holds a portfolio of over 230 royalties, of which 41 of the underlying mines are producing. Its segments include Antamina, Aurizona, Blyvoor, Bonikro, Caserones, Cerro Moro, Chapada, Fruta del Norte, Hounde, Mercedes, Vale Royalties, and others. Antamina open-pit copper mine located in the Andes Mountain range of Peru, approximately 270 kilometers (km) north of Lima. 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. Chapada mine is located 270 km northwest of Brasilia in Goias State, Brazil. Mercedes gold-silver mine in Sonora, Mexico. Black Fox mine and Froome mine are located in Ontario, Canada.


TSX:SSL - Post by User

Bullboard Posts
Comment by Maolain1on Apr 26, 2017 10:29am
232 Views
Post# 26167844

RE:RE:RE:NEWS- Sandstorm Gold and Mariana Resources To Combine

RE:RE:RE:NEWS- Sandstorm Gold and Mariana Resources To CombineAssuming they can, it would require the other shareholders of HM to agreee to bear additional development costs (risk) and give away considerable upside through the stream.  If it was a stream management wanted, they should have arranged one directly instead of paying a massive premium to Mariana shareholders at our expense.  The market action on SSL says it all, management has been largely unsuccessful at creating value for shareholders (aside from potential 5 years out), which could be in theory could be partially achieved by pressing the go button on the NCIB.  Unfortunate for longs no doubt. 
Bullboard Posts

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