Sandstorm

By i963208, January 6, 2012

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I bought 10,000 shares of sandstorm at .99. what our your thoughts on the next few year.

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4 Comments on " Sandstorm"

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Travis Johnson, Stock Gumshoe
Admin
4441
January 6, 2012 11:48 am
My opinion on Sandstorm Gold hasn’t changed (I assume you’re talking about Gold, given the price you paid). Here’s what I said about them back in September: “I continue to hold Sandstorm Gold (SSL in Toronto, SNDXF on the pinks) as my primary exposure to gold (along with some physical gold), and the collapse in the share price in recent weeks, as gold has collapsed from the peak, means that I think you’re buying Sandstorm Gold, conservatively speaking, for about 10X next year’s cash flow again even if gold prices fall back to $1,300 an ounce. Analysts tell us it’s… Read more »
jbnaples
Irregular
21
January 6, 2012 6:48 pm
blufox
Member
12
January 18, 2012 6:45 pm
I own a lot of both SandStorm Metals & Energy and Gold and I believe we should all do fairly well with these though my Gold has done a lot better than my metal, understandably given the spike in price etc. I try to buy bottoms in companies I have researched technically and fundamentally. I own a lot of gold & silver miners including -AUY, BRD, EGO, GG, MAI.TO, RBY, SLW, SSL.V, UXG as well as some that emphasize copper which co-occurs with gold — NAK, IVN, AAUKY, TGB. I recently bought MSB as I thought it was well worth… Read more »
blufox
Member
12
January 18, 2012 6:52 pm

I meant to add this link, re: UXG, as it has an informative letter from McEwen:
http://tinyurl.com/6sy7ebh
I used tinyurl.com to create the shortened url as the one I was about to leave was too long.
Btw I also meant to give Travis credit for turning me on to SSL.V & SND.V — I prefer to buy the Canadian versions of stocks as they not as thinly traded as the pink sheets.
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