Post by
molsonca on Feb 26, 2021 2:50pm
Bought more
At these prices I couldn't resist from adding to my already extensive exposure today. To my knowledge they have not implemented a share buy back since it was suspended in 2020. Am I correct?
Comment by
lumpy13 on Mar 02, 2021 10:46pm
Can't believe you'll lose. SSL is really cheap, compared to the other streamers. One reason is that they didn't do any new deals in 2020. A market no-no. Second, their producing assets were hit relatively hard by COVID, but now recovering. But, their future looks bright and their upside is more than that of their peers.
Comment by
ElJ on Mar 02, 2021 11:16pm
lumpy13, I am a Sandstorm investor, but concerned with the company projection of production for 2021 in the 52K to 62k oz equiv. projection range, given 15.8K production in Q4, 2020. Yes the future in 2024 looks bright, at which time production is projected to double? Peace, Good Decision-making to All, ElJ
Comment by
lumpy13 on Mar 03, 2021 11:19pm
Look at recent presentations on their website. I believe the doubling is in '24 when Hod Maden is fully operational. Right now SSL is getting killed by the dropping gold price. But given the overvallued stock market, printing of money and growing deficit, it's hard to believe gold won't rise dramatically. SSL (and gold) may drop further, so buy in increments.