RE: RE: BNN comment The BNN comment is a view of one analyst, here is a view of another analyst:
"We do think that the Premier Royalty acquisition will prove to be a smart move. Short-term, the weakness in the gold price will probably affect all gold stocks. Even though SAND has had a terrible month, this week alone many of the junior miners that are partners of SAND have dropped more than 3% in value. One that we follow as a benchmark for Canadian miners, Aurico (AUQ) has dropped 9% in three trading days. The equity investment in Premier will likely be a short-term drag on the next earnings report, unless gold rebounds in the next month.
We see the Entree deal as an insurance policy against SAND resources playing out in the next decade. It is noteworthy that SAND wrote into the agreement some partial protection against the political risk of the deal by requiring reductions in commitment according to reductions in production. The deal represents only about 5% of the market capitalization, so we are on board with this acquisition as a one-time divergence from the typical Sandstorm deal.
Finally, we have not lost faith in the management of SAND. According to the conference call, Watson indicated that the Entree deal was not an indication of future arrangements. SAND has plenty of financing options to make additional streaming acquisitions. Although we are a little uncomfortable with the boldness of the latest actions, we cannot say that we have been disappointed with the results of the Sandstorm deals to date."
https://seekingalpha.com/article/1207881-the-sandstorm-gold-plunge-warning-or-opportunity