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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 thegazelleon Nov 08, 2013 1:57pm
359 Views
Post# 21889478

RE:RE:Any idea why SP up???

RE:RE:Any idea why SP up???
Agree.  I am getting very frustrated with this stock.  They had a decent earnings report and yet no action in the stock price.  The streaming model is supposed to provide some insulation to movements in the gold price, but I haven't seen this at all.  Maybe it's the fact that that they need more streams in production, but I dunno, without a dividend and with what is seemingly a slow ride downward with the occasional bump up in price, I am not sure whether this is dead money for years.  I am not expecting leaps and bounds every day in the stock price, but it almost seems as if good news can't move this stock, a gold price jump barely moves this stock, bad news definitely does, and so like yourself, I am at a loss as to understanding how this stock behaves. 
Bullboard Posts