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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
Comment by metylman2000on May 07, 2013 3:38pm
178 Views
Post# 21348586

RE: RE: Fellow investors opinion

RE: RE: Fellow investors opinion

You are indeed correct. Gold is being manipulated by naked shorts. They will continue to sell gold they don't have until they scare enough of the ignorant/weak hands to sell back to them at lower prices. They'll use these cheap shares/gold prices to cover their shorts. When they are buying at these cheap prices, the game goes the opposite way...upwards. In my mind, 5-10 years is a great time to look for a peak in prices, but you'll be looking a much higher price in no longer than a year. It could be next week the sp begins to rise, but you have to follow the trend, and the trend as of now is lethargic for gold-related investments. The tide WILL turn, and considering we're at valuations not seen since 1998 in relation to gold stocks, I'm guessing the upward trajectory will catch many by surprise and be crazy strong. I wouldn't be shocked if the HUI saw 900+ before they stop to catch their breath for the next rise. Its all about patience and persistence. People with those 2 qualities will be the big winners of this gold bull.

Bullboard Posts