Sandstorm Metals & Energy Ltd STTYF

I just came across SND & SSL...

[bogi]

Anybody knows the reason why SND dropped from $ 1.20's to  $ 0.30's  ?  Just market condition or big problems  ?

[ol_griz]

That was extremely speculative over-enthusiasm - based on expectations of management and market sentiment before we hit the spring dumper.  Also, it was before Royal Coal hit the skids.  The price was just premature - it would simply take longer for the streams income to justify the price.  .32 was also an overreaction and I am kicking myself at waiting for .29 to top up. 

[Kewl2]

How do they manage to trade 9.5M shares without moving the bid/ask more than $.005??   Fascinating action today!!  

[gjervis]

seems the HFT's have found SND and are having a field day with the amount of shares available for such a small company. this can only be computers churning this stock due to the 300 million shares out there.

[bogi]

Great help ... thanks .  Reading  some messages here and the Co. website  will help ... appreciate all comments except " we are going to the moon " ...been there !  Anybody in SSL as well ?   Yes, I'm trying to pick your brain if you don't mind.

[Kewl2]

That would work if the stock was trading 100 shares at a time but some of the transactions today were in the hundred of thousands. Also - this is the 9th day (out of past 30) where trading volumes have been well in excess of 1M shares -- today being by far the largest. Smells like someone is accumulating -- Share Price has risen from $.34 to $.44 over this same timeframe = +29%. I am just

[MrC_]

bogi, I'm sure most of us have shares in both companies.  You said, "I'm trying to pick your brain..."  As far as I'm concerned, SSL is a no-brainer.  ;-) Buy as many as you can.

[doomz78]

I own both stocks.  Im not sure what you are looking for.. but one thing I know.  Im breaking every law of investing.  Im ALL IN with Sandstorm gold, energy and metals, B2 gold, and I add volatility index positions when its at an all time low.  like now.  I expect these 2 sandstorm companies to produce some insane things in the future.  As a student of geo-politics

[ideal2u]

I also own both stocks, more SND than SSL,over the long term I think both will do equally well. SSL is just a little bit far a head because it has been around longer. When ever i have some extra cash in my account I just add a few more shares. GLTA

[bogi]

Thanks ...that what Nolan explained on the website too .  One thing ... 300 mill. shares outstanding ?   that's a lot . Still digging.

[Margret]

A company with 100 mill shares outstanding selling for $100 per share would be a better bargain right? Because they have fewer number of shares outstanding, following your logic of fewer shares outstanding is better. Look at the market capitalization number is all you need to do. SND price is still near the amount of cash they raised.