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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 Jun 12, 2012 4:17pm
518 Views
Post# 20005547

A Couple of Things

A Couple of Things

On the new stream, nobody is mentioning this wording....:

"If MH-LLC enters into a gold stream agreement with Sandstorm that has an upfront deposit of no less than US$30 million"

and "we have secured a royalty on an excellent project and we are well positioned to complete a gold stream as Mt. Hamilton progresses to the construction stage" Watson.

This tells me that they are just entering these NSR to eventually sign gold streams (same deal with Magellan IMO).

On the size of the deals - I saw some people complaining they weren't big enough and hoping the third one would be the big one. Sure, these last two are both "small" - Currently. There is obviously upside at both Magellan and MH. Perhaps in a year or two they will BOTH be converted to streaming deals.

No deal is too small anyway. These seem like pretty good deals. Someone mentioned Kimber and Goldgroup - I have a feeling Kimber will be bought out and Goldgroup is having trouble getting permits for one of their projects?

Potential Next Deals - PC Gold or Tyhee Gold perhaps? Thoughts welcome.

Bullboard Posts