Reason for advanceI think some fund might be putting on a pair trade: Long SST and Short SLW. It's a great trade, SST is a much lower multiple of cash flow and has no material debt. SLW has significant debt and this is a curse these days.
I think that may account for the big increase in price and volume recently for SST. Or it could just be a fund who has recognized that SST is way cheaper than all of the other royalty plays and is just buying it as a straight up long to own a cheap and safe precious metal play. Either way I think we need to look at an explanation for why a fund would be a buyer, I don't think millions shares are trading over the past week on public buying.