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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 Sep 14, 2012 3:29pm
241 Views
Post# 20365138

SAND on fire...

SAND on fire...

SAND hit a new recovery (after the financing) of 10.81 today.  At 10.52 recently, it stands just 6% below the all-time high of 11.19.   With QE3+, I am raising my year end target to 12 (that is another 14% potential gain).  Also, I am setting a YE 2013 target of 16.80 (for a 2013 targeted gain of 40%).  I had been looking at a 30% gain for next year; however, based on QE3+ for an extended period and the potential new deals for Sandstorm, 40% looks more realistic.  Why write this?  Partially to try to enlighten those on this board who have helped educated me (on the activities and promise of Sandstorm Gold) and to help remind me to not try to trade SAND.  These estimates are my own. FYI,  I have followed stocks for more than 50 years.  I've had both big winners and big losers; however, I have done best over the years in energy and precious minerals.  Please do your own DD; however, with an initial purchase price around 4 (currently on the road for golf and  the Arizona St.-Missouri game tomorrow night so I don't have the exact price) I am really happy with this "Jewel of the Northwest."  GL and have a great weekend.

Bullboard Posts