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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 18, 2012 9:01am
339 Views
Post# 19924612

Gold up this morning....

Gold up this morning....

Gold is at 1588.30, +14 at 7:45 CDT.  Would love to see another positive day for the metal.  Any gain over $10 would help set a new positive trend.  Even better would be to finish over 1600.  If the price will hang in near or above 1600 for the next month and a half, S G should have a very positive quarter.  It might not beat Q1; however, the comparison with 2Q11 is a very easy one.  Keep in mind that in the US grey sheet stocks receive minimum coverage and are not always easy to trade.  Once we are on the (i assume) Amex, S G should be setting up for another growth cycle.  Keep in mind, even with the current downturn in the share and gold prices, we are still ~+25% YTD.  I will be buying additional SNDXD (or SDXXF) and STTYF...just as soon as funds are re-positioned.  GL

Bullboard Posts