Sandstorm Gold / Sandstorm Metals & energy

By bernhardm, April 22, 2014

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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Martin BernhardTravis Johnson, Stock Gumshoe Recent comment authors

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Travis Johnson, Stock Gumshoe

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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