Sandstorm Metals & Energy Ltd STTYF

RE: RE: RE: RE: RE: RE: RE: NovaDx, Sandstorm clos

[zentrarianNZ]

Likewise, thanks for the detailed analysis of the NovaDX/Blackpaw situation, elmo. It seems to me there are too many variables and unknowns to nail down much of an estimate on what the company is actually worth. But at a minimum you have made a good case for why Watson & Co. decided to continue to support the company (for a price) rather than merely - as some posters have suggested - "throwing good money after bad."

It does seem odd to me that (as carintihian speculatd) a big Chinese or Asian company didn't grab up NovaDX at a bargain basement price while it had the chance. After all, that's where most of the company's met coal is destined to go anyway. Maybe the financial situation was just too complicated or the political implications too risky. At any rate, thanks for all your contributions, it is really great to have you on this board.