Looking for some commentary or Sndxf and relzf in regards to current market conditions.

By sphereya, September 27, 2011

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Liking the new site. Hopefully in the near future Travis can lay out what he is looking at for the near future with the current sell off. Are you seeing a lot of value in any oil or gold plays?

Thanks

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3 Comments on " Looking for some commentary or Sndxf and relzf in regards to current market conditions."

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Travis Johnson, Stock Gumshoe
Admin
4803
September 27, 2011 8:45 pm
Hi Russell, Both of those have clearly taken quite a hit — which should be expected for declining commodities prices and increasing investor fear about tiny stocks, which both of these are (SNDXF is Sandstorm Gold, which is my largest personal holding and the stock I use to get most of my gold mining exposure with, I think, less risk than the miners; RELZF is a far more speculative oil explorer in Western Canada and Montana). With stocks like these I don’t make snap decisions if I can help it, nor do I use trailing stops personally, I know Sandstorm… Read more »
bsjhaley
Member
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bsjhaley
September 28, 2011 12:40 pm

Travis
I like the business plan of Sandstone from the standpoint of investment and income stream without actaul ownership and responsibility of the mines.. What about the Metals and Energy divison (STTYF), do you think the same ‘business plan” and profit potential is as good there as with Gold?

Travis Johnson, Stock Gumshoe
Admin
4803
September 28, 2011 1:36 pm
As a business plan, I think it’s better — much bigger addressable market and they’re more unique in this space, with more potential partners so you can “buy low” on commodity trends by funding miners when coal or gas is low, for example, or when copper or zinc correct. I own both, Sandstorm Gold is much easier to analyze and further along in development and profitable, so its less risky that way, but also tied just to gold prices which carries that risk. Sandstorm Metals & Energy is heavily reliant on metallurgical coal for near-term revenue, so carries price risk… Read more »
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