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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 bargainhuntson Oct 30, 2014 1:51pm
197 Views
Post# 23077787

RE:RE:falling knife so far

RE:RE:falling knife so far
SSL is now down around 59% from its recent high, while the junior gold miners ETF (GDXJ) is down just 40%. So Sandstorm has fallen much more than many junior miners with much weaker and riskier balance sheets. This makes no sense at all (notwithstanding the risks to our streaming partners).

As maypeters says, the vultures are all feeding on the carcass. Let's hope it doesn't fall below $3. That would make it unmarginable -- and likely trigger another avalanche of selling I would guess.
Bullboard Posts