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Sandstorm Gold Ltd T.SSL

Alternate Symbol(s):  SAND

Sandstorm Gold Ltd. is a Canada-based precious metals-focused streaming and royalty company. The Company is focused on acquiring royalties and gold and other metals. The Company holds a portfolio of over 230 royalties, of which 41 of the underlying mines are producing. Its segments include Antamina, Aurizona, Blyvoor, Bonikro, Caserones, Cerro Moro, Chapada, Fruta del Norte, Hounde, Mercedes, Vale Royalties, and others. Antamina open-pit copper mine located in the Andes Mountain range of Peru, approximately 270 kilometers (km) north of Lima. Aurizona mine is in Brazil. The Blyvoor gold mine is located on the Witwatersrand gold belt, South Africa. The Bonikro gold mine is located in Cote d’Ivoire. Caserones open pit mine is in the Atacama region of Chile. Chapada mine is located 270 km northwest of Brasilia in Goias State, Brazil. Mercedes gold-silver mine in Sonora, Mexico. Black Fox mine and Froome mine are located in Ontario, Canada.


TSX:SSL - Post by User

Bullboard Posts
Post by SN3165on Feb 06, 2012 11:03pm
763 Views
Post# 19498043

Warrants

Warrants

I'm reading some negativity towards the warrants, can't understand why. We got 2 1/2 years til the '14 expire and  3 1/2 til the '15 expire... someone pointed out a $2.50 target for the stock by '14 - I would say that's VERY conservative, especially if we see a rally in gold. I am one that believes we'll see AT LEAST $2.5 - 3,000k gold  by the time the 2014's expire... Sandstorm will be much more well-known by then... hopefully listed on a US exchange...cash flowing like crazy.. Personally I have set a $5 price target on the stock by mid- 2014 and I think even that could be conservative, esp. if we see deals in 2012 that add to 2014 production (possible!).

On the side of warrants, I hold Primero '15, Franco Nevada '12, New gold '17... I've done well on Franco's and I can tell you that I've had no prob. selling now that they are just a month away from expiration... use limit orders only... 300 percent gains on FNV's  but I think Sandstorm's, New Gold's, and especially PRIMERO's! can deliver tremendous gains.

Warrants are still really misunderstood by the general investing community... DYODD and good luck.

Bullboard Posts