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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 flymaron Jul 25, 2013 12:44pm
332 Views
Post# 21630097

RE:Article on SA - Sandstorm's Impressive Portfolio And Growing Revenues Suggest Large Upside As Gold Rises

RE:Article on SA - Sandstorm's Impressive Portfolio And Growing Revenues Suggest Large Upside As Gold RisesAlthough the writer mentions that Brigus gold had the option to buy back 12% of the stream by the end of 2012 they did not mention that they had bought back 4% so therefore they were only liable for 8% of the stream.

Although the previous article on Sand was a lot more negative than this one they made a lot of very accurate points.

I don't have any shares or warrants anymore in this stock but I would be a little bit wary because of the nature of the streams that they have and some of the troubling results that they're getting.

Having said that I have made very good money with this company and I don't deny that Nolan Watson is a good leader but the market right now is brutal and anybody who thinks that they're going to make a quick buck need only look at some of the companies that have gone down significantly including colossus as well as pretty well as 100% of the companies that are in the portfolio of this company.

I just have a big beef with this wrier who is posting an article on Sandstorm which would have been more accurate two years ago and now it's sounding like just jump right in and you'll make a bundle. This may be true but the market is going to have to get a lot better for Sand to recover.
Bullboard Posts