GREY:STTYF - Post by User
Comment by
MidasMulliganon Mar 12, 2014 9:29am
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Post# 22312368
RE:RE:RE:is there a recording of the cc?
RE:RE:RE:is there a recording of the cc? SAND has just written off more than 50 mil. USD (CSI) and their share price went up... Current market cap of SND is bellow that, som maybe the market wouldn't overreact...
Anyway, SAND has a lot of cash and it seems like they don't have that many opportunities to use it, since they are limited only to gold space. If they could go after base metals, energy, etc., there would probably be a lot of good investments right now...
And they would be buying streams in companies, which they already do business with - Glencore Xstrata, Entree Gold, Canadian Zinc.