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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 gopatson Mar 01, 2013 2:55pm
421 Views
Post# 21064094

Now we have some real leverage with the A warrants

Now we have some real leverage with the A warrants

I've bought at $0.92 and $0.96 today.  (No I wasn't the one buying 500000 :))

 

  SSL SHARE Price   SSL.WT.A Value  
Market Prices  $       9.40    $       0.92  
If exercised today  $       9.40    $       0.88  
         
Future prices upon exercise of warrants
Hypothetical Future Prices on day of expiration of warrant SSL SHARE Price % Gain from today's price SSL.WT.A Value % Gain from today's price
  $10.00 6.4% $1.00 8.7%
  $11.00 17.0% $1.20 30.4%
  $12.00 27.7% $1.40 52.2%
  $13.00 38.3% $1.60 73.9%
  $14.00 48.9% $1.80 95.7%
  $15.00 59.6% $2.00 117.4%
  $16.00 70.2% $2.20 139.1%
  $17.00 80.9% $2.40 160.9%
  $18.00 91.5% $2.60 182.6%
  $19.00 102.1% $2.80 204.3%
  $20.00 112.8% $3.00 226.1%
  $21.00 123.4% $3.20 247.8%
  $22.00 134.0% $3.40 269.6%
  $23.00 144.7% $3.60 291.3%
  $24.00 155.3% $3.80 313.0%
  $25.00 166.0% $4.00 334.8%
  $26.00 176.6% $4.20 356.5%
  $27.00 187.2% $4.40 378.3%
  $28.00 197.9% $4.60 400.0%

So as you can see.  All SSL would have to do is return to a price of $12 by expiration date and you made a nice 50% + profit.

Of course if it continues to fall the warrants also leverage the downside moves.  With all the growth coming in the next two years I'm putting my money on the upside.  Buy when the market gets irrational to the downside.  IMO we are there.

 

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