Sandstorm Metals & Energy Ltd STTYF

No Support

[Thundersole]

No buyers, all trades are all at the bid price, no support at these uncharted levels.

Maybe SND will release quarterly this week, can't see how it will help, think we need new money via equity issue or .........

[carinthian]

Wow, this is going towards a limbo competition? :-( How low can it go. I think we still need clear words from management about CSI, TBD and DON and what the next steps will be. If the quarterly does not include that it will raise even more questions maybe... And capital raising at these prices is a cruel mistress. If thex do it hopefully they will be able to do it well above market. DYODD

[Thundersole]

Words from management on DON. SND still haven't made a news release about the placement with DON, their increased position in DON.  The only news about the placement was from DON. How low can it go, maybe Nolan could make a bid and take it private, if he has that much confidence in the company.....

[materialsgirl]

Thundersole SND is not a miner.  It is more like a bank.  Taking DON private by SND could only happen as a last gasp or a Hail Mary SND does not have any interest or expertise in mining.  Also Glencore would not want them. What SND could do would be to buy 100,000,000 shares at 5 cents that included another one for one warrants at 5 cents for 3 years. Or SND could loan them $5m at

[Thundersole]

I'm just looking at SND as a corporation with a market cap of 46 million. I was just saying that if someone had any confidence is this company, they could buy it out right. Can SND make another private placement with DON, I thought that was against TSX Venture rules...