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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 Feb 07, 2013 1:34pm
438 Views
Post# 20953445

OT: SLW

OT: SLW

Very informatiove interview of Randy Smallwood, Silver Weaton CEO, on cnbc.com Futures Now show.  Key points: (1) SLW is currently ~10% gold and will be going to ~25% with the new $2B gold stream purchases.  When asked if he would consider going more into gold, he stated the ~30% would be the maximum; however, he was still seeing many potential silver streams.  Between 50-60% of the silver is now consumed yearly by industry and the remained is an "accessable" precious metal (coins, bars, jewelry, etc.).  He also stressed that the new streaming deals featured "high quality" assets.  He also really like the further diversification into gold and thought it would be a net positive in attracting and retaining investors.  I wached this on the live fead but it should be available on the archive (for those that are interested in seein the whole interview).  It is into the segment with the female anchor and the two male guests.  They jointly interviewed Mr. Smallwood.  Listed this as OT, but it is interesting to keep up with what the big boys are thinking and doing.  GL

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