Sandstorm Metals & Energy Ltd STTYF

Project status

[elmothefearless]

RDA - bankrupt

NDX - bankrupt

Terrex - bankrupt

TBD - almost bankrupt

Donner - doing fine

Please update me re: our plan of action.  Are waiting for Nolan to sell off RDA and NDX assets?  Share price is getting murdered (I own a lot of shares, I believe in the model and the management tea [kind of], and I want to hold this one for the long-term).

When NDX / RDA are sold, how will this play out, i.e. will Nolan sell them, recoup his losses, and then try to keep the streams in place?  Aren't there a lot of other creditors in line too?  Does this mean that the properties will be sold for top dollar, SND recoups their investment, and we lose the streams?

Discuss or enlighten me.

[Baysarj]

Yea I'd like to see some progress as well, however, im sure there is a lot going on behind the scenes.  SLW just made a mammoth deal that has an immediate impact on cash flow, hope Nolan is taking notes!  

[Luxor63]

This post has been removed in accordance with Community Policy

[elmothefearless]

Sorry, I forgot that companies expand the area of interest for JV agreements and issue 16% of their shares for an up front cash advance out of the kindness of their hearts.

[Luxor63]

This post has been removed in accordance with Community Policy