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Gold/Mining/Energy : Sandstorm Gold
SAND 12.120.0%Oct 24 9:30 AM EST

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To: TheSlowLane who wrote (344)10/23/2010 8:49:28 AM
From: PaperPerson1 Recommendation  Read Replies (3) of 1133
 
forgetting the charts for a minute, some time in here HAS to be the right time to buy SSL. we know they have a little bit of cash flow and that it will ramp up from the deals they have made to finance gold mines. so it is not like a drill play, where it falls from 85 to 15 cents. it is going to behave more like a financial with known cash flow.

and unlike gold wheaton, which ran into probs in s.a., we know of nothing really bad that has befallen any of SSL's contracts. and thank god they are not in s.a.

so if i still liked everything, as the dust settles on the PP here, i could see buying the common in bite size chunks. there is the risk that youre buying into a temporary gold top, so i would go slow on that.

i do think the warrants have held up irrationally and are due for a further dip. my apologies to those who still own them for saying so.
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