Sandstorm Metals & Energy Ltd STTYF

RE: RE: RE: Royal Coal

[elmothefearless]

What this means is that Cormark purchased these shares from a client for nothing, or next to nothing, to allow the client to claim a tax loss.  You must dispose of the shares to crystallize the loss.  This is a deal for tax purposes and has no bearing upon SND, other than making it crystal clear that RDA, the company, is worth nothing.  I assume this is the case because SND has already taken the coal terminal and coal properties back and is currently seeking a buyer to recover their investment.