Sandstorm Metals & Energy Ltd STTYF

RE:TBD stream restructuring

[zentrarianNZ]

Midas: It seems to me that Sandstorm has had to do so many restructurings (not to mention write-offs) on the M&E side that investors are quick to assume that every piece of news in that regard is going to be negative. We haven't heard the details of this one yet, but there is every reason to think they will be at least neutral, perhaps even positive in the sense that anything that gets TBD (sorry, GDN) up on its feet and producing is going to be good for SND as well. In any case, the "news" - such as is - is out and neither TBD nor SND seem to have taken a hit.

IMO, Thunderbird was largey written off by the market already as far as SND is concerned. We've been stuck in this very narrow trading range for about two months now and I don't think it's likely to budge much until we get some traction (or otherwise) from CSI or perhaps news regarding recapitalization. Not particularly a time to buy, I suppose, but not really a time to sell either, unless you think this lull could go on indefinitely. The dearth of posts here pretty much says it all.