Thought I’d share this with the community – especially given the focus here on SandStorm Gold (they’ve also been in the news lately).
While all of this seems to be to be great news for SandStorm over the long term (especially with gold prices holding steady – unlike coal and gas!), it does provide an insight into why Sandstorm is not signing as many deals as I thought they would – seems like alternative financing (assuming Sandstorm is one of many firms providing financing to a miner) is falling apart.
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.