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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 tictactoe111on Sep 03, 2012 10:16am
344 Views
Post# 20310939

RE: RE: RE: : new warrants

RE: RE: RE: : new warrants

'overall you are correct.  but 3000$ gold will be a struggle.  At that point you will have a full blown currency crisis'.

 

................................ 

 

doomz78. You don't need what is perceived to be a 'currency crisis'  to achieve $3000 an ounce gold just more of the same attempts at fixing the problem by the worlds central banks using exactly the same methods as they have done. As to whether gold ends up at $3000 or $30,000 or SSL @ $50 a share or $500 it doesn't really matter as it's all down to purchasing power, that's the only thing that matters.

 

As far as I am concerned a currency 'crisis' is a rapid event that feeds on it's own momentum whereas what we have now and will likely have for many years to come is a 'death from a thousand cuts'/QE type of currency event. If we ever do get $30,000 gold you can be sure that I'll be in my local bar drinking a $200 bottle of beer at happy hour when all drinks are half price.

 

One thing I do feel very confident about is whatever speed they run the wealth confiscation through inflation machine at........................................... Sandstorm will overtake it by a considerable margin.

 

 

 

Bullboard Posts