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Gold/Mining/Energy : Sandstorm Gold
SAND 12.12-6.0%Oct 17 5:00 PM EST

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From: PaperPerson5/20/2010 1:40:01 PM
1 Recommendation   of 1133
 
RE SANDSTORM SSL: Buying SSL on the pink sheets as SNDXF. Liking it a lot here at u.s. 60 cents.

chartwise it is a bloody mess.

DAILY

stockcharts.com

WEEKLY

stockcharts.com

it is almost back down to where it started its run in late 09 yet much closer now to cash flow than it was then.

just to focus on the first royalty that should start generaitng cash, there is luna gold's aurizona project in brazil.

at aurizona, the current quantified reserves, we can be sure, do not come even close to how much open pittable gold is available for the digging. the reason i say this is that the pick-and-shovel miners are all over this site. they can't do that, for the most part, on deep gold.

i was reading the fairly new sandstorm quarterly report last night, and those royalties are just about to get going from luna gold's aurizona. so we have a royalty company here that is about to start showing quarter-after-quarter cash flow, and the market is dumping it like crazy along with everything else.

lunagold.com

sandstormresources.com

summing up, i think we are presented with a unique buying opportunity here on sandstorm. we are back to the warrant strike price of usd 60 cents.

yet its initial royalty investments have had the time to mature so that the cash flow is about to happen.
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