Sandstorm Metals & Energy Ltd STTYF

Excellent synopsis Elmo....

[DayOfReckoning]

There you have it. There's a heavy discount on SND largely related to Nolan trying to hit homeruns in a model that does extremely well just hitting singles and doubles... It sucks that shareholders have had to shoulder some of his learning curve, but it is what it is.

 

By no means is there not risk in SND, and I think the market has priced the NDX investment as a lost cause, so it will be where do we go from here. Make better deals going forward, try to minimize dilution and then we see the multiple start to rise...

 

If not... Well Elmos's 10 cents won't be far off. I think its going to work out longer term and have been adding to my holdings here in the high 30's.