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Sandstorm Metals & Energy Ltd STTYF

Metals & Mining Industrial Metals & Minerals


GREY:STTYF - Post by User

Sandstorm Metals & Energy Ltd > 0.05 price to book ratio.
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Comment by greenandgoldon Apr 05, 2011 7:28pm
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Post# 18390218

RE: 0.05 price to book ratio.

RE: 0.05 price to book ratio.

Where do you get your book value #'s? Sandstorm Metals' market cap is 126 million, and its book value, in your calculation is 2.5 billion?

*

Some of their coal and oil streams are very valuable, possibly worth billions over the long run, but their present value needs to be discounted because of uncertainty of production, commodity price risk, etc.

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