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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 denisonodon May 09, 2012 3:15pm
429 Views
Post# 19891192

Love confusion in stock pricing:

Love confusion in stock pricing:

This week has been a terrific opportunity to accumulate Sandstorm Gold shares (both old on Monday and Tuesday) and neww (today) at potentially excellent prices for 2-3+ year holding period.  It is always nice to have some cash and understand market psychology.  Six months from now it really won't matter one bit that Sandstorm Gold was a TSX Venture and grey market stock selling in the "penny" area.  Sandstorm will be (most likely) be trading on the TSX and Amex in the 9-12 area and fairly close to 18X cash flow of .58 (est. ttm).  All will be well and Sandstom Gold should be +23%, or so, in the first 6 months after the consolidation.  Based on the highly successful streamers, any total return in excess of 30% annually will be terrific.  With Sandstorm now having a solid cash flow, it will be interesting to take a look at the stock performance based on 6-month or 1-year total returns.  I am not in the least concerned about day-to-day price movements...except...looking at is a possible opportunity to accumulate at very attractive pricing.  GL

Bullboard Posts