sandstorm gold

By bashley9, August 2, 2012

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.

I have shares of Sandstorm gold with 2 different symbols; SNDXF and SNXXF; I can’t seem to pull up any information on SNXXF and don’t remember why I bought it. Can you tell me what it is?

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4 Comments on " sandstorm gold"


August 2, 2012 3:51 pm

SNXXF are warrants on Sandstorm Gold.

I am seeing a 25% drop today in these, any clue why Travis? Volume is lighter than average and the stock itself has not moved much.


Travis Johnson, Stock Gumshoe
August 3, 2012 9:15 am
I wouldn’t worry about day-to-day movements in the price of such an illiquid stock — it was probably someone who needed to sell a bunch in a hurry on a day when there weren’t many orders out there to buy. The warrants bounced back pretty quick, so some folks must have noticed the bargain price — always look at the Canadian listing for the warrants, SSL.WT, you can see that it’s priced far differently than the pink sheets were as of the close last night, as far as I know that’s just an aberration due to lack of liquidity and… Read more »
August 3, 2012 10:13 pm

Wow, thanks for the detailed updated. Super helpful, I was thinking it was prolly due to low volume, good to know.

Also, this 25% discount is very tempting. I may jump on board and buy a few more.
You are correct wrt the April 14 date (from your comments in the below link)

August 7, 2012 4:56 pm

I was intrigued about SNDXF and FNV- would you buy these ina retirement account or are they just as suitable in a regular taxable account?