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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 Oct 18, 2013 7:30pm
399 Views
Post# 21829484

RE:RE:RE:RE:RE:RE:observation

RE:RE:RE:RE:RE:RE:observationWell, never is a long time....What the "no-enders" presumably are saying is that the Fed won't end QE until it is forced to by circumstances getting out of their control. Either a crisis in the dollar, a bond market crash, a spike in interest rates, or some other "slowly first, then suddenly" event that makes the money printing moot. The Fed is already becoming largely impotent in the West, but if it continues on its present course it may suffer castration from the East as well, Han dynasty style. (What a nice 100th birthday present that would be.)

Not much happening with SSL/SAND lately....a protracted buying opportunity for those who haven't reached their quota. IMO, almost everything that has brought the stock price so far down has to do with gold and not with the company itself, and can therefore be expected to reverse (probably rapidly) at some juncture. The same can't be said of SND, of course, whose wounds are largely self-inflicted.
Bullboard Posts