Sandstorm Gold Ltd T.SSL

Alternate Symbol(s): SAND

Metals & Mining Gold

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

Sandstorm Gold Ltd

Bullboard Posts

Comment by gwalkeron Oct 10, 2012 10:38am

268 Views

Post# 20468243

RE: RE: RE: RE: RE: Brigus Gold to repurchase 4% o

Perhaps I am missing something obvious but I fail to see how this is 'good news' for SSL. Sure it was expected and it is nice that we get a nice lump sum at a decent return.

BUT...

- We are losing 1/3rd to half of a producing asset that had further upside potential

- We would have made more money having the stream in its current form over the long term

- Now we got to find a new project, so we are moving from a certainty to an uncertainty

- Whatever new deal will take will have a long lead time to production.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario