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Sandstorm Metals & Energy Ltd STTYF

Metals & Mining Industrial Metals & Minerals


GREY:STTYF - Post by User

Sandstorm Metals & Energy Ltd > Still Buying.
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Comment by MidasMulliganon Aug 01, 2013 6:06am
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Post# 21643131

RE:RE:RE:Still Buying.

RE:RE:RE:Still Buying.
In his 2nd quarter 2013 presentation, Roumell Asset Management still has a target price for SND at 10,00 USD/share (their average cost per share is 3,08 USD).

But the way they calculated it seems way too optimistic (10x cash flow from Donner, Colossu AND Thunderbird) plus other SND investments at cost - which are way underwater right now (shares of DON, TBD, coal assets,...).
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