SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : DISCOVERY BOARD ~ PRECIOUS METALS ENERGY URANIUM OIL

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: PaperPerson5/2/2012 10:59:35 AM
   of 4690
 
A Motley Fool contributor waxes poetic about sandstorm metals and energy:

beta.fool.com

The stock is currently depressed at about 40 cents. my guess he is right that it is probably a great thing to sock away. But there are some reasons -- other than the depressed state of nat resource stocks -- that sandstorm metals and energy is so cheap that the author does not mention.

A couple of key investments have proved troublesom for SND. so do your research!

STTYF.PK = SND.V

sandstormmetalsandenergy.com

LikeSSL.V, which is a unique kind of royalty business based on godl mining, this sandstorm metals and energy is a junior designed to create a stream of income from other kinds of nat resources including base metals and nat gas and coal.

like SSL, the company capitalized by selling lots of shares. there are more than 300 million shares of SND now.

Total Issued & Outstanding 317,849,272

and someday like SSL, if all goes well and the cash starts flowing, this one will become a candidate for a reverse split.

the SSL reverse split gets voted on friday. i am in the ssl-wta warrants, which are in the money and still have three plus years of life left on them, providing excellent leverage both to the price of gold rising and to SSL's investments in various gold mines maturing into higher and higher flows of cash.

i do like SSL more because i want to exposure to gold.

sandstormresources.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext