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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 Margreton Oct 08, 2012 11:33pm
296 Views
Post# 20463134

RE: RE: RE: RE: RE: RE: RE: RE: RE: Another stream

RE: RE: RE: RE: RE: RE: RE: RE: RE: Another stream

"but I'm thinking MTO could deliver a three/four/five fold return within a few months once Watson starts talking/promoting the MTO story."

This is exactly why i invested in MTO in the first place. It is usually easier for a small company to double (especially when it's way undervalued like MTO) than a $1 billion dollar company to double.

I already said MTO had a market cap of $60m. The $10m was to illustrate to the naysayers how low MTO would need to go before they consider MTO a bargain to buy.

People keep repeating the dilution history of MTO. Companies always have to dilute and borrow to raise the necessary cash. Even SSL had a major dilution recently to raise $150m cash. Once a company goes cash flow positive there is no reason to dilute anymore, except for major expansions (or to give themselves options which all companies do). MTO is already past most of the dilution phase and is producing now. As they always say, past performance does not equal future performance.

Bullboard Posts