new interview on BNN with Sandstorm new shareholder here, long time investor with Sandstorm. My thoughts: Looks like you long termers have been beaten up a bit. I think this company has a lot of potential. I mean already producing 65,000 oz, and going to double by 2014, this looks very promising. So here is the big question, do think Nolan Watson is a good evaluator of a mine? I think he might be one of the best. After I did my research I always ask myself, what the upside is and what is the downside. Of course the downside is that the company does not produce what they say and the upside is if they do or exceed their goals,and the stock price will go a lot higher based on increased cash flow. While evaluating this company, continued to go back to Sandstorm giving the company $10 million, something that, they really did not have to do. Why? A potential for a whole lot more production than now. 250000 oz? 300000oz? and they get 17%. Sandstorm is stepping up to the plate here because,in my opinion, there is a lot more here than others see. 4 million oz of resource? I'm pretty sure that there is a lot, lot more. Bottom line, if this company is good enough for Nolan Watson, I'm probably going to do ok in the future.
Here is the link to the Sandstorm interview that talks a lot about Luna:
https://watch.bnn.ca/commodities/september-2012/commodities-september-11-2012/#clip758383