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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 ovison Nov 26, 2012 2:24pm
341 Views
Post# 20644886

RE: I wouldn't try

RE: I wouldn't try

Natural,

Another date to keep in mind is January 1, 2013 when gold will be treated as a tier 1 assets (i.e. gold becomes equivalent to cash). Someone posted a good summary on this the other day and it is worth remembering. Don Coxe talked about this awhile back and was of the opinion that the new Basel agreement on gold was going to be good for gold price. How could it not -- nothing changes except that in financial accounting gold holdings can be accounted as if there were US$. Nice.

 

I'm sure Jan1/13 is backed into the price already, which may explain gold's relative strenght of late. But as we come closer to Jan1/13 the heat will turn up...

 

Should be an interesting year, 2013....

Bullboard Posts