Sandstorm Gold / Sandstorm Metals & energy

By bernhardm, April 22, 2014

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.

Todays headline: Sandstorm Gold Announces Plan of Arrangement to Acquire Sandstorm Metals & Energy
”Focus time and attention on Gold” Whart do you think about this plain?

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4 Comments on " Sandstorm Gold / Sandstorm Metals & energy"

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Travis Johnson, Stock Gumshoe
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April 22, 2014 10:30 pm

Haven’t checked the details, but it’s a little silly — Sandstorm Metals has been a hard luck disaster and blown through a lot of equity in the years since Sandstorm Gold spun them out, but now bringing them back in just simplifies a couple of their cooperative deals — and really, it’s a survival move and probably a way to keep Metals’ key employees because Metals can’t raise money to grow and has no meaningful cash flow with which to grow yet. SAND will continue to be all about good prices, I expect.

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