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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 Teatimenowon Sep 19, 2014 3:13am
309 Views
Post# 22950886

RE:RE:RE:RE:RE:Thinking It's Time to Sell

RE:RE:RE:RE:RE:Thinking It's Time to Sell@Goldbull9
you said:
"Interesting thing is to compare the 1 year low of the warrants compared to the stock.  The low on the stock was $4.17 compared to 26.5c on the A warrants.  Right now we're at $5.16 and the A warrants are at 28c.  So not far off from when the stock traded at $4.17....May indicate more room to fall or may just be someone needing cash. "

-> You understand the concept of time value of warrants?
The closer it gets to exp. date the less they are worth if out of the money.

If Gold is not going up significantly from 1220$/oz, i think the warrants will expire worthless, if there is no really great deal done. i mean reall, good, transformational.
Most underlying assets have trouble. High cash costs ect. pp.

The only assets that do well and according to orginal expectations are the Premier Royalty ones. I was a shareholder if it and wished that SAND never bought them.
Then Premier could cobine with Osisko Gold Royalties (OR.to).

Lets face it: 
Yes Royalty and Streaming model is a great. Best place in the overall  mining industry. BUT lots of PPl have realized that and competition increased significantly.
Lots of private players now as well. Like Orion mine finance, Red kite and others.
+
OR.to new to the game, with more cash, better team and more credibility.

chrs
teatime


Bullboard Posts