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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 mmoitalon Oct 09, 2015 3:32pm
252 Views
Post# 24180590

RE:RE:Colossus

RE:RE:ColossusGood luck with Colossus.... I would not expect much. I am Portuguese and have traveled a lot to Brazil, and I understand the local context quite well. The north/northeast, where the mine is, is very leftwing and unionised. The cooperative is a snake pit - there are thousands (30.000?) of people waiting to earn a lot of money without doing anything. And the unions are against any company that works there - ideologically anything that is not owned by the workers is rejected. And they sell the idea that the gold is the workers', not any external party. Maybe I am wrong, but I don't think it will be a mine for a long time. You have to remember that Brazil is in a great (Socialist) mess, and the past 10 years have made the country unappealing for business. This makes it more difficult to get funding to complete the work.
Bullboard Posts