written by reader Opinion on SANDSTORM GOLD (SNDXF)

by aati | July 10, 2012 11:24 pm

Hi, I have read the articles and Travis’s comments on Sandstorm Gold. And I am very interested in purchasing some shares of Sandstorm Gold. However at it’s current share price of $8.35 is Sandstorm Gold still a good buy. I know share price alone is not everything, but, If I can get some opinions on this I will really appreciate. Thanks!

Source URL: https://www.stockgumshoe.com/2012/07/microblog-opinion-on-sandstorm-gold-sndxf/


12 responses to “written by reader Opinion on SANDSTORM GOLD (SNDXF)”

  1. I haven’t bought any lately (or sold), but I still think the value is compelling compared to the big-name royalty stocks — Sandstorm trades for something like 15-20X 2013 earnings while RGLD trades for about 30X 2013 earnings. Sandstorm is much less stable and profitable because they haven’t yet achieved that massive economy of scale, but they should be able to grow much more quickly because it’s easier for them to add new deals that will actually impact near term (next few years) earnings … Royal Gold has to look at much bigger mines if they want to have a meaningful impact on earnings. I’d say Sandstorm is higher risk but a better valuation, which is fair, and I think there’s a possibility of a NY listing within the next year that might help — along with new streams coming online to boost revenue — to close the valuation gap.

    Sandstorm will most likely fall harder than Royal Gold if the price of gold takes a substantial hit, but I stand by my opinion that Sandstorm will do very well and grow substantially in the coming years as long as gold doesn’t dip below $1,200-$1.300 for very long. I continue to have substantial positions in both equity and warrants for Sandstorm Gold, I don’t currently own Royal Gold or the other big royalty/streaming stocks.

  2. Neil M Campbell says:

    I am also a true believer in the SNDXF story. I sold recently at 80% profit and used the “houses” money to short gold (GLL) I think we will see 1400’s before the next leg up.
    If all works I will repurchase SNDXF all in!
    Forgot to mention this is my grandkids inheritance that I am playing with!

  3. Venture Shadow says:

    Do you really believe you will be able to buy gold after it has established a floor and is rising at a price less than it is now? I think the gold market will be crowded with panic buyers at that time and gold will hit $1700 in a heartbeat. It will probably go higher than that and then fall and oscillate up and down, with a floor higher than the current price. The story was in todays WSJ page one “Fed Reserve Officials sent new signals they are seriously considering more actions to bolster…”

    It seems wise to buy before the Fed acts. When will they act? Of course we don’t know. The gamble is how long to wait. What will cause waiting too long? Answer: Being greedy.

  4. cooleenman says:

    hi travis, I bought sandstorm some months ago at 2.26 ,watched it lose ground and sold. Next time I looked it was over 8!! darn. Perhaps I will give it another try. I enjoy your blogs and feel there is a lot of common sense in them. charles o’malley

  5. I was hoping to get some info on Gold Stock Adviser, especially WRPSF . They are part of the Newsmax group and seem to provide a good service for investing in gold. Can you tell me anything ?

  6. This stock could go lower if the banks keep manipulating gold.

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