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Bullboard - Stock Discussion Forum Sandstorm Metals & Energy Ltd STTYF

GREY:STTYF - Post Discussion

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Post by jsbarnby on Aug 07, 2013 5:42pm

Quiet

This bullboard is sure getting quiet.This next update from management is going to be very important. I think Thunderbird is a lost cause but I know Sandstorm will come out of the Donner stream with something (whether that is the existing agreement with Donner, the entire stream with Xtrata or only an NSR with Xtrata). This is what is somewhat reassuring to me. All of the losses have piled up to the point where we can carry forward capital losses against gains so we should have favourable tax treatment when we start cashflowing at Donner (2014).

Elmo and others...you still out there?
Comment by Luxor63 on Aug 07, 2013 7:15pm
This post has been removed in accordance with Community Policy
Comment by GasGlove on Aug 07, 2013 10:40pm
I am hopeful that Thunderbird is not out. Here is info from the State of Utah on gas production to the end of March. Thunderbird is listed as Gordon Creek, LLC at the bottom of the page. STTYF really needs some wins soon!      YEAR     Operator       LIKE     EQUALS     BETWEEN    ...more  
Comment by carinthian on Aug 08, 2013 6:15am
They are the third largest "producer" of water. ;-) I guess the problem is not that TBD is not producing, the problem is that the level of production has to get to an economic level? And if I quadruple the 225k mcf we have 900k mcf which is less than 20% of what SND expected in their presentation (when there was one) as far as I can remember? With natural gas a little above 3 dollar ...more  
Comment by GasGlove on Aug 08, 2013 11:31am
I am hoping things will get turned around for STTY. The lack of news on many fronts is killing the price.
Comment by Thundersole on Aug 08, 2013 11:52am
The quarterly report came out July 26 last year, they seem to be running a little late this year. Or maybe they where a little early last year. They seem to vary in date looking back on past reports, they don't seem to be concerned about setting dates and being consistent on there reporting dates. Small companies, I guess?
Comment by House.of.steve on Aug 08, 2013 12:21pm
The Globe and Mail has the next earnings date as September 13th. https://www.theglobeandmail.com/globe-investor/markets/stocks/summary/?q=SND-X
Comment by Thundersole on Aug 08, 2013 12:32pm
I was looking on the SEDAR site: SANDSTORM METALS & ENERGY LTD. Mar 26 2013 22:52:28 ET Audited annual financial statements - English PDF 6118 K SANDSTORM METALS & ENERGY LTD. Mar 15 2012 19:41:56 ET Audited annual financial ...more  
Comment by Thundersole on Aug 08, 2013 12:55pm
I don't know if I would trust that globe info, they have three things wrong on that page, the June 28 financial statement never happened, it is the July 26 (like what happened in 2010 and 2012)  statement we are waiting for and the company has never filed a financial statement in september, and the globe states the market cap at 438M, it should be one tenth of that ( post consolidation).  ...more  
Comment by Thundersole on Aug 09, 2013 9:31am
According to the TSX Venture exchange they have 60 days from the end of the quarter to report.   That would mean they have until August 29 to report for the quarter ending June 30. www.tmx.com/en/pdf/TSXV_FilingGuide_2012.pdf
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