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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 ganja50on Sep 22, 2012 9:36am
298 Views
Post# 20399495

Financing

Financing

The stock declined on news of the recent financing but came back stronger than ever.  It shouldn't have gone down in the first place, it should have risen on news of the financing.  If we can sell shares at 15x cash flow and Nolan can re-invest the proceeds at 2x cash flow, or 3x or 4x, it only benefits existing shareholders as the new higher cash flow figues per share generate a higher stock price, and then the process can be repeated.  again and again.  The stock selling at the level we're at, share offerings are not dilutive, they are anti-dilutive.; and the more expensive the stock becomes--exagerating the difference in valuation between ourselves the entities from whom we stream--the less you should want to give it up, at least theoretically.  When investors realize that, when the stock goes up when a financing is announced, that's when we will have arrived. 

Bullboard Posts