Sandstorm Metals & Energy Ltd STTYF

RE: RE: RE: Poor price action

[zentrarianNZ]

Pretty good summary of the situation, elmo. Frankly, I'm surprised CINDER-ella hasn't slipped back into the sub-basement. If she wasn't riding on GOLD-ilock's apron strings, things might look a lot worse. But liquidating your position sounds a bit extreme unless you are planning to trade back in. (I'm still expecting a market selloff across the board at some point, but my cost basis is low and I wouldn't risk being completely out of the market if I'm wrong. So I'm content to keep holding about half of my intended position, and buy more if/when there's a significant further drop from here.)

I wouldn't worry about another Entree. I think management knows that the next few deals had better be ultra-safe or they are risking a wholesale mutiny. (And I don't mean Mutiny Gold.)