Sandstorm Metals & Energy Ltd STTYF

RE:NSR and 8%

[bob4977]

At least Colossus is not a dead loss like the coal deals have been so far. Royalties are not that much different than streams so I am fine with that. The hit we take comes from the likelihood that the royalty will not produce anywhere near enough income to us that the stream would have.The market already gave SND a haircut on the Colossus deal so salvaging some money out of CSI is a bonus for us. This mine should be profitable even at these prices. If we can sell to someone with proper management we should do OK.