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Sandstorm Metals & Energy Ltd STTYF



GREY:STTYF - Post by User

Comment by elmothefearlesson Oct 22, 2012 2:54pm
321 Views
Post# 20510923

RE: Had to hit it

RE: Had to hit it

If the markets take another huge hit, akin to what we experienced this summer, yes $0.32 isn't out of the question.

 

If the markets take the aformentioned hit, your "little unknown gas stock" (TBD) is taking a way bigger hit.

 

TBD is a great company, and yes down the road it could make money hand over fist for both itself and SND.  But it is not the driver behind this move.  SND's catalysts are:

 

1. Cash flow of $10 - $14 million from Donner beginning in 3-6 months time

 

2. Clarity re: the NDX deal

 

3. The CSI stream

 

4. The stellar performance of SSL

 

Sold 17,000 shares?  Good riddance.

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