Sandstorm Metals & Energy Ltd STTYF

RE:RE:RE:RE:RE:RE:NSR and 8%

[bob4977]

The revenue for SND is about $1.2 million per year from the .4% NSR. I heard figures of about 200,000 oz gold, 30,000 oz platinum and 20,000 oz palladium on an annual basis. I just averaged that out to 240,000 gold equivalent oz per year multiplied by $1250 as the price per oz and then multiplying that by .4% and you get roughly $1.2 million. What that tells me is we get some income out of the deal once the mine gets fully operational but we will suffer a writeoff on our investment unless we can sell our shares at a decent price.
Bob