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Sandstorm Metals & Energy Ltd STTYF



GREY:STTYF - Post by User

Comment by bob4977on Mar 01, 2013 9:43pm
205 Views
Post# 21065678

RE: RE: RE: RE: Poor price action

RE: RE: RE: RE: Poor price action

I am not convinced that the Entree Gold deal was a bad investment. I think SND knows how to use a calculator and weighed the risk in Mongolia and decided the reward was worth it. The exact math is a bit cloudy to us but best guess is we start receiving income from it in 2015/16 with a long ramp up period. I do not need the money till I retire and that will be a few years yet. So I am fine with it as long as enough money comes in when it counts.

Bob

PS: If you really feel Nolan Watson screwed up so badly that you could see that instantly SELL NOW!!!! My buy order is in @ 36 1/2c.

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