Sandstorm Metals & Energy Ltd STTYF

RE:RE:RE:RE:some numbers on bracemac ore value

[carinthian]

In the quarterly of SND it is written that GX has the ability (is that referring to them having the right or just the money?) to pay Sandstorm out with that 49mio. And what to do with the money then is for the sure the million dolalr question. Buying some existing royalties on industrial metals now as prices are quite low?

Regarding the write down I think they already have written down most of the coal assets? Right, hopefully he knows how to work such a company. As it seems they are valuating this new vehicle with around 100mio (around 40mio share and 2,5 shareprice pre consolidation)...

Generally it would be nice if it was possible to sell down all the participation in DON, TBD and Coal  at reasonable prices and unlock money. This might be a nice leverage IF they work out to get operational successful that we get the stream and some value in the shares held. As said IF...

I am in sit and wait mode right now. First I want to hear what management has to say - should be due within the next 6 weeks or so - and then decide. As said a big leverage bound to very huge IF's. In my understanding. DYODD.

carinthian