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Sandstorm Metals & Energy Ltd STTYF



GREY:STTYF - Post by User

Comment by carinthianon Mar 01, 2013 5:27am
251 Views
Post# 21060175

RE: RE: RE: RE: Poor price action

RE: RE: RE: RE: Poor price action

I agree with your and Elmo's opinion but personally would prefer to get Novadx sorted out as I still hope this could unlock value and as it's met coal they should be able to work in positive number (small but black) and SND had a third cash flow in the nearer term.

Entree might not be the best deal but it did not cos us cash (I do not like dilution too) and I see it as a call option on copper. Assume a 10y mine life from Donner and starting cash flows (although far riskier for sure) from Entree in 10y yo you can see the long term plan they might have?

I am disappointed too with the company during the last month but as you already said I hope they learned their lessons and will deliver in the future.

Just my thoughts...

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