GREY:STTYF - Post by User
Comment by
Margreton Jan 22, 2012 10:05pm
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Post# 19433822
RE: RE: RE: SND's New Presentation
RE: RE: RE: SND's New Presentation In case of bankruptcy, Sandstorm IR said they had senior security on their deals and felt confident that they could extract value with their security position.
If Sandstorm were loan sharks, it would be a good way to take over 100% of a company. Instead of getting 18% of stream, get 100% of stream, hold assets until economy picks up and heating coal prices go higher.
Metallurgical coal prices look strong from the Novadx news release. Their other projects are supposed to be low cost. Shale natural gas cost lower than traditional methods. Copper mine grades much higher than the average copper mine. Oil prices holding up, their buy price is only $15 plus transport.