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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 Ethanbrodie123on Feb 28, 2017 1:27am
278 Views
Post# 25903230

RE:RE:RE:Crazy

RE:RE:RE:CrazyI belive it could be some funds waiting for the q4 results and seen the outlook for the company. I think many could have switched to perhas like a franco or an osisko.. maybe they believe they have a better chance at growing with gold at these levels or a better payback. Sandstorm has been fairly quiet.. Mind you, there has been mostly good news as with luna... For Sandstorm I think in the next 5 years they only are projecting a 20% growht (4% per year) (mind you that is without new streams and other projects coming on line) New streams/royalties require cash as well so its not like its free. Maybe they see potential issues with some of their existing royalties/streams and that 20% growth, if they think a few might have problems might go down to say 10% or nil.. for example.. Its true that IF and that is IF (most likelye) that streams/royalties are put into production then yes it is good for sandstorm but that's also an upside that is forward looking so it cannot really be put into valuation necessarily.. Indirectly but you have to take it with a grain of salt.. I think anything under 5.00 is a great deal at these gold prices.. I think sandstomr management will probably start purchasing under 5 as well.. under the ncib
Bullboard Posts