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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 zentrarianNZon Jun 30, 2013 1:38am
68 Views
Post# 21581837

RE:Dead Cat Bounce

RE:Dead Cat Bouncedoubloon (great name, BTW)...I won't argue with your call for a double bottom because I'm not a market timer, but the claim that somehow SAND at $4.50 is a "bargain" but at, let's just say, today's price of $5.85 - a 20% rise in one day - it is a "gamble" is indefensible unless you are strictly a trader and not concerned at all about the long term. (And by long term I'm talking a year or two or three.)

There's a lot of room between "bargain" and "speculative gamble" but I would maintain that SAND is a huge bargain at both prices, in fact all the way up to at least $10, where it roughly was before this very temporary (and clearly manipulated) series of smack-downs. We are getting very close to where people waiting for confirmation of an absolute bottom are risking being caught buying at much higher prices (if at all) because they couldn't stand to pay anything more than rock-bottom price.

As the saying goes: Better to be a year early than a day late.
Bullboard Posts