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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
Post by Teatimenowon Jun 28, 2017 11:47am
311 Views
Post# 26414074

ever increasing royalty competition

ever increasing royalty competition ...for SAND 

Still a holder, not bashing, but following recent develoments in the overall royalty sector, one has to observe, that the sector is getting more and more competative..

I think its fair to assume that with current SP of SAND & Cash used for Marianna transaction, it seems highly unlikely SAND can compete with the big 3 (now maybe big 4 after OR - Orion transaction) on the really large deals

In the smaller space, as of today two additional developments:

A) Marlin Gold (V.MLN) with a plan to spin-out a royalty Co, and the plan to be be a high-yield royalty co
the high-yield dividend idea might give them a certain competative advantage especially negotiating paper deals with private parties.
If they can execute to really distribute 90% of free-cash-flow that might give them a good premium
https://www.newswire.ca/news-releases/431288543.html

B) Maverix Metals (V.MMX) get backing of  multi-billion CEF Holdings.
Altough i am not sure if i like the Terms a 100%, still that will propably allow them to do more agressive deals


However interesting as well, is that Goldcorp did a lot of asset sales recently with always keeping a royalty. Wondering if Goldcorp generally has a plan with its quite interesting royalty package...


Bullboard Posts