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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 Maolain1on May 01, 2017 1:52pm
189 Views
Post# 26187921

RE:Do not jump the gun yet

RE:Do not jump the gun yetThe share price has lost 25% since the April 18th Closing, which was around the time the non-rational trading patterns started happening suggesting some were trading in the know.  How do you ask shareholders to approve a deal that stripped them of over 20% virtually over night.  I wonder if SSL board and management thought this might be perceived more favourably, I think it will be difficult to get the approval from shareholders given the value destruction it caused, regardless of it's long-term merits.    
Bullboard Posts

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