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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 Aug 25, 2017 12:07pm
292 Views
Post# 26621802

OT - Forbes&Manhatten royalty package (V.RM)

OT - Forbes&Manhatten royalty package (V.RM)does anyone of fellow royalty investors here per chance have a clue what royalties and streams
this group owns?

->https://www.forbesmanhattan.com/English/portfolio/recent-successes/default.aspx

They are brokering mining assets and forming companies for quite a number of years now, and some have been quite successfull and taken over.

However i am asking because V.RM - Routemaster Capital states in their latest NR, closing the aqusition of Forbes&Manhatten `s 2 %NSR on QMXs ground, that...

"Finally, Routemaster has also obtained a 24-month right of first refusal to acquire additional royalties and streaming interests held by the Vendor. The Vendor has a global network of resource companies and contacts through which it has created and fostered several resource companies with billion-dollar market capitalizations. Through this right of first refusal and the Vendor's significant shareholding, Routemaster believes it has secured access to the Vendor's network thereby providing Routemaster shareholders with a potential pipeline of accretive investments."
https://www.marketwired.com/press-release/routemaster-closes-acquisition-of-quebec-gold-royalties-tsx-venture-rm-2230798.htm

So i am wondering, altough i am not keen about RMs management, if those royalties&streams are any good, if yes this could be a huge 10bagger call.

RM currently trades below cash and liquid investments
1,6mm cash
3,5mm stocks 
less
1mm liabilities

FD Marketcap approx. 3,5mm

and owns 3 Royalties already.


So if anyone has the slightest clue what those royalty spin off could be, that would be very much appreciated.
Thanks in advance

 
Bullboard Posts