GREY:STTYF - Post by User
Post by
gjervison Jul 13, 2011 12:28pm
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Post# 18826393
Sandstorm Metals & Energy Acquires Copper Stream,
Sandstorm Metals & Energy Acquires Copper Stream,Firstly,
they had to withdraw the news as US Citizens were not supposed to view the Financing news, so if you go to the website you wont see the news release. They said they will release the news once the financing is complete.
Also, Casey Energy team had this to say.
" Positive news for Sandstorm as they add more commodity streams to their portfolio of assets. In all, the market has responded positively to the news, however, there is a price drop due to the coming dilution from the new financing. The nature of this business model is very back-end, thus, a long-term investment. Once many commodity streams are being received, you will see upward movement in share price, exemplified by any commodity appreciation. "