Sandstorm Metals & Energy Ltd STTYF

RE: RE: bad timing

[Thundersole]

Damag,

Depends why the company is consolidating.

Usually a company is in a down trend and are forced to consolidate their shares to stay listed on a stock exchange, the company usually continues in that down trend after the consolidation. 

This is not necessarily the case with SND, as SND is not consolidating to stay listed as the venture exchange has no price requirements.

SND may want to be listed on a stock exchange that has a minimum stock price requirement and are consolidating to meet those requirements.

After the consolidation, they are hoping to get new investors that would not invest in the company on the venture exchange.