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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
Post by denisonodon Jan 09, 2013 11:02am
379 Views
Post# 20814780

12

12

Here we go again.  How many times has SAND crossed below and above 12 since November?  With the 52-week high of 15.43, I continue to look for buying opportunities 20-25% below that number (11.57-12.34).  Looking at the big picture, I see SAND closing 2013 around 16.52 (+40% from the Dec 2012 close) and closing 2014 in the 23 area.  The (expected) annual compounding makes purchases in the 11-12 area look like (potential) excellent investments.  It has been talked out many times on this board, but quality, shareholder friendly management will continue to drive results and share price over the next 3-5 years, and probably far beyond.  With governments around the world driving interest rates well below inflation and printing tons of fiat currency, gold, silver, etc. are the best way to maintain buying power and even prosper.  SAND is far and away my number one investement.  (Note: If there were no Sandstorm's, I'd be in an almost 50/50 mix of SLW/SLV and a 75/25 mix of FNV/RGLD.)   IMO, it does not hurt to have other investments; however, it could be best to have an oversized position in the lead dog.  To me, that is (and will continue to be) SAND/SSL for years to come.  GL

Bullboard Posts