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Sandstorm Gold Ltd T.SSL

Alternate Symbol(s):  SAND

Metals & Mining Gold
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

Sandstorm Gold Ltd
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Comment by Baysarjon Oct 27, 2013 1:12am
178 Views
Post# 21852131

RE:An explanation for SSL.WT.A-T needed. Thx

RE:An explanation for SSL.WT.A-T needed. Thx
Wrong math --- Take the share price, divide it by 5 and minus the strike price to get the intrinsic value of the warrants.  $6 divided by 5 equals $1.20.  The exercise price is $.60 USD or about 62 cents Canadian.  $1.20 minus 62 cents gives you 58 cents.  The warrants are trading at intrinisic value --- no time premium. 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities