Here's an extract from this evening's edition. GLTA
AN INTERVIEW WITH MARIN KATUSA
CHIEF ENERGY INVESTMENT STRATEGIST
(Energy Division) CASEY RESEARCH
(As of August 23, 2012)
We are here with Marin Katusa of Casey Research and he
has probably gained a broader attention over the last while
because back in the spring, he was one of the few that said
“go to cash” and get there quick! So it is time to get caught
up with Marin about what he thinks about some different
metals and the price of oil going forward.
DP: For pick number three, can we get a little more high risk/high reward here?
MK: The next pick trades like a high risk story, but is actually medium risk. Sandstorm Metals and Energy (V.SND) is run
by Nolan Watson who is one of the key guys that built Silver Wheaton, was their first employee and the youngest CFO of
a multibillion dollar MCAP company on the NYSE. Nolan is also on my Next Ten List and he is as good, if not better, than
anybody else in the royalty stream business. I think in 10 years, we will look at SND and it will overshadow all of the royalty
stream opportunities in the precious metals. He built Sandstorm Gold (SSL) which is a $700 million market cap company.
And SND is the little brother of Sandstorm Gold that’s not as well known, and hasn’t attracted the large institutional
following because of its small MCAP. It has some interesting royalty streams already in place, but the story is just
starting. And this is a five-year hold, open disclosure – I am one of the largest shareholders of Sandstorm and I think
that this is something that I will be holding for 10 years because Nolan is someone you want your portfolio to have exposure
too.
(For those who are curious, his number one pick was Poseidon Concepts and number two was the uranium sector - ie. Uranium Participation).