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Bullboard - Stock Discussion Forum Sandstorm Metals & Energy Ltd STTYF

GREY:STTYF - Post Discussion

Sandstorm Metals & Energy Ltd > What If Sandstorm Gold was Aquired
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Post by Thundersole on Jan 04, 2013 10:43am

What If Sandstorm Gold was Aquired

Last night on BNN Michael Smedley was pondering that Sandstorm Gold could be eventually taken out by Royal Gold or Franco Neveda, the way that Gold Wheaton was taken out a while back.

Would that money that was in Sandstorm Gold be redirected towards SND or would it stay in gold stocks.

I know that it is just speculation, but I'm curious if anyone has any thoughts, I would hope that there would be some loyalty to Nolan.

Comment by zentrarianNZ on Jan 04, 2013 4:57pm
thundersole...I really don't think a takeover of Sandstorm Gold is a serious possibility. (I suppose one could foresee a voluntary divestiture of SND's streams, but only in the unlikely event the company got into serious trouble across the board and started to drag down the whole enterprise, in which case, who would buy them?) At any rate, comparing SG's situation to Gold Wheaton is a ...more  
Comment by elmothefearless on Jan 04, 2013 5:22pm
"In any case, Watson & Awram's entire careers and fortunes are dedicated to building both Sandstorms into multi-billion dollar companies. They certainly would not let go of their dream machine willingly, and a hostile takeover would be very difficult, if not impossible."   Well said
Comment by Kain51 on Jan 04, 2013 11:44pm
Sandstorm Gold Adopts Shareholder Rights Plan Vancouver, British Columbia | April 12, 2011 Vancouver, British Columbia, April 12, 2011 -- Sandstorm Gold Ltd. ("Sandstorm" or the "Corporation") (TSX-V: SSL) announces that its board of directors (the "Board") has approved the adoption of a shareholder rights plan agreement (the "Rights Plan"), entered into ...more  
Comment by Thundersole on Jan 05, 2013 10:15am
Looks like SND adopted a rights plan on the same day, good to know, seems to be the norm I guess, would hate to see either of these companies aquired before they've had their day. Sandstorm Metals & Energy Ltd. (“Sandstorm” or the “Corporation”) (TSX-V: SND) announces that its board of directors (the “Board”) has approved the adoption of a shareholder rights plan agreement (the “Rights ...more  
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