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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
Comment by SN3165on Feb 09, 2012 8:53pm
376 Views
Post# 19513108

RE: RE: Warrant Question from a Newb

RE: RE: Warrant Question from a Newb

Sorry I forgot to point this out  in my original post, I trade in US and yes US cannot exercise warrants, I don't see this as a prob. at all. trade them like you do with normal equities, just use limit orders. Yes Primeros are way out of the money but they also expire in mid-2015 so if you are as bullish on gold and the compnay as I am it's worth a bet. You are getting a lot of leverage (something like 8-10x from here) as opposed to Sandstorm's which are in the money and offer something like 1.5-2x leverage. I like both. Remember,  you can sell the wts even if they are not in the money. They DO NOT have to be in the money to make money off these things. I think that is a common misconception to many. For example, Primero could go to $5-$6 in 6 months and the warrants would be close to a buck for instance (they are like .33 cents now). Obviously the REAL money is made when Primero is at $10 in 2015.. :-) Long Both.

Bullboard Posts