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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 unlimited_awon Jan 16, 2013 2:31pm
217 Views
Post# 20846275

RE: RE: RE: RE: production numbers streaming partn

RE: RE: RE: RE: production numbers streaming partn

Too many unknow parameters to give a close call, but lets give it a try:

Brigus definitely will be lower. The buy back did not take place on the first day of the quarter, so its hard to tell. My guess is a minus of 500-800 ounces.

Luna Gold produced a little more, but the Q3 numbers included deliveries of Q2. A decrease of between 300 and 500 ounces.

Metanor has not yet reported their December results, but already topped the Q3 numbers. A plus here of 400-800 ounces.

Rambler is the most difficult story. Besides the fact that their presentation period is different, with their first quarter ending on October 31st, they switch between copper and gold production all the time depending on where they can achieve the best results. Sandstorm however is only entitled to a percentage of the gold production. They commenced commercial production early November, so a rough guess would be an increase between 200 and 500 ounces.

Silvercrest is kind of flat and Santa Fe appears to busy with their merger, so I can't tell. Bottomline between an increase of 500 and a decrease of 700 is my call.....The average gold price will definitely be higher.

Bullboard Posts