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Sandstorm Metals & Energy Ltd STTYF



GREY:STTYF - Post by User

Post by elmothefearlesson Aug 08, 2012 2:33pm
478 Views
Post# 20195269

Project status

Project status

RDA - bankrupt

NDX - bankrupt

Terrex - bankrupt

TBD - almost bankrupt

Donner - doing fine

Please update me re: our plan of action.  Are waiting for Nolan to sell off RDA and NDX assets?  Share price is getting murdered (I own a lot of shares, I believe in the model and the management tea [kind of], and I want to hold this one for the long-term).

When NDX / RDA are sold, how will this play out, i.e. will Nolan sell them, recoup his losses, and then try to keep the streams in place?  Aren't there a lot of other creditors in line too?  Does this mean that the properties will be sold for top dollar, SND recoups their investment, and we lose the streams?

Discuss or enlighten me.

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