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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 zentrarianNZon Jul 06, 2013 12:23am
172 Views
Post# 21592131

How Safe Is Sandstorm Gold?

How Safe Is Sandstorm Gold?https://seekingalpha.com/article/1535982-how-safe-is-sandstorm-gold?

Nothing particularly new in this article, although it does give a good synopsis of the relative financial strength of Sandstorm's major partners (with Luna leading the pack and Metanor bringing up the rear). The bottom line is that with a market cap hovering around $600M, back out the $100M cash on hand and the $60M worth of equity in NSR, and you've got a company currently selling for about 4-1/2 bucks a share in enterprise value. That's a 3+ bagger just getting back to its recent high, and who among us doesn't think that's a slam dunk within the next few years?
Bullboard Posts