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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 denisonodon Jan 03, 2013 8:45am
315 Views
Post# 20791672

RE: Holding both Sandstorms

RE: Holding both Sandstorms

Unlimited, I have advocated holding a mix of somewhere between 70-30 to 30-70 mix of SSL to SND.  (I am currently roughly 70-30 towards SSL/SAND.)  With SSL starting off the year very stong, I'd recommend to most investors who are underweighted SND, to either buy some using cash, proceeds from sale of a non Sandstorm asset, or ever a sale of a portion of thrie SSL holding.  I would only sell SSL to buy SND and never (next 5 years plus) to trade SSL.  Is this ratio locked in stone?  No, I can see 75-25 or even 80-20 for investors who either really like gold or don't like investing into micro caps.  The key is to have at least some SND (a reasonable weighting) and to periodicly review the weighting...and adjust the weighting if indicated to keep within their established range.  IMO, both companies should far outpace most averages, ETFs, and other stocks over the 5-10 year period.  If NW and DA both look to keep abalance between the two companies, then I'm going to just tag anong.  (Currenly, I'm just about 72-28 towards SSL.  Too soon to adjust the mix, but not too soon to start following the ratio very closely and put any new cash on the SND side.  My Sandstorm positions just keep growing.  I sleep very well at night knowing that my primary investments are tied to these two wounderful companies.)  GL

Bullboard Posts