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Gold/Mining/Energy : Sandstorm Gold

SAND 12.12

0.0%

Oct 24 9:44 AM EST

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To: TheSlowLane who wrote (179)	9/2/2010 10:26:34 PM
From: zoo york	2 Recommendations Read Replies (1) of 1133

I bought more of the SLL wrts today too. I noticed that RBC had an iceberg sell order in at 40 cents during the last couple days and that is why the wrts were not matching the gains in the common. It appears that iceberg has been filled or they pulled it late in the session. I sold my common shares today and just doubled up on the wrts instead. I am working towards building a core position for a long term hold in this company and I think there is still a chance to flip trade it to capture some profits along the way. There are still a lot of shares out and the gold leverage is still relatively modest, so there should be some profitable volatility on this company. Longer term I think it will be worth several dollars a share, and it is still relatively unknown. Lots of upside ahead. cheers! mike

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