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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

Comment by fruitvale3067on Dec 17, 2020 1:08pm
334 Views
Post# 32129184

RE:SSL

RE:SSLFullnelson, I believe SAND's recent share price issues are directly related to a couple different factors. Fist is the recent 3 month decline inn the price of gold  SAND for the most part trades with the POG. The second factor is the covid related shutdowns/reductions that hit some of SANDS largest streams/NSR's. Finally the damage to the crushing cuicuit at Chapada. 4th quarter nnumbers should be more towards the normal figures. However I don't think Chapada will be back to full production until the first quarter 2021. 

The good nnews is Cerro Morro is at full steam, Fruita Del Norte uped it's 2021 production numbers, The Froome deposit at Black Fox will begin producing in 2nd half of 2021. Not to mention the POG looks to be turning around. I've taken this share price dip to add a few more shares. I think in 6 months things will look very different. 
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