Sandstorm Gold Ltd. T.SSL

Hod Madden reported drilling results

[Shermandrock1]

Nice headlines. However, keep in mind that these were infill holes. In addition, a paragraph later the NR suggests that the "estimated" true thickness was 65M. Still. Rather impressive. The headline suggests 85.3M of 84.3gpt with an included interval of 32M of 209.4gpt. Mathematically, that leaves 53M of 9.2gpt. Yep, still pretty nice. And then there is the Cu of 6.8% from 19M. That implies 66M of 6.8% Cu or 50M true width. A very impressive hole. The way that it was reported was factual. Why did they not provide some clarification? I read somewhere that there was a rather large sale of shares near the top of the recent range. I hope that it is not repeated post this news.

[fruitvale3067]

Sherman, You are correct about the true thickness of the hole. At least they mentioned the true thickness. So technically they did provide clarification. I know some mining/exploration companies wouldn't do that. We all know why it's done this way....to capture the potential investors eye.  The good news is in this case this is no high grade 2 meter wide vein. It's a high grade

[R_J_]

SANDSTORM GOLD ROYALTIES PROVIDES ASSET UPDATE, REPORTS 85.3 METRES OF 84.3 G/T GOLD AND 6.8% COPPER AT HOD MADEN MAIN ZONE - https://www.sandstormgold.com/_resources/news/2020/2020-05-14.pdf - https://www.sandstormgold.com/_resources/news/2020/2020-05-14.pdf - Louis James Comments Quote: As extraordinary as thee drill results highlighted in this press release are —85.3 meters

[R_J_]

Sandstorm Gold — Asset updates - This week, the Sandstorm Gold royalty/streaming company published an update on its assets, including: - #### Drilling (2,864 m, 24 drill holes) at the Hod Maden gold-copper underground project in northeastern Turkey by its partner, Lidya Madencilik (70%), included an intersection of 85.3 meters grading 84.3 grams per tonne gold with 6.8% copper. - - The hole was

[stockideas18]

"This scenario would generate 610,000 tonnes of copper concentrate grading 20% copper with over 100 grams per tonne of gold, containing 123,000 tonnes of copper and 2 million ounces of gold." from the comments above, the following assumptions: $95,4M revenue annually from gold $17,M revenue annually from copper adds that up results $112.4M revenue annually then there are mining expenses