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Gold/Mining/Energy : Sandstorm Gold
SAND 12.120.0%Oct 24 9:44 AM EST

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To: LoneClone who wrote (672)10/1/2012 10:09:26 AM
From: architect*   of 1133
 
Thank you LC. I'd like to see the precious metals markets correct before I establish full positions in Silvercrest Mines - SVL and Colossus Minerales - CSI. I'm not sure there is enough volume in the Collossus warrants for my taste. I did take big positions in Sandstorm 2014 and 2015 warrants both in about equal proportion of warrants to the number of my common shares. The volume / liquidity in the Sandstorm warrants is decent.

Even the trading volume on CSI common is thin this morning in Canada. I'm investing in a US retirement account, so my precious metals investments need to be listed on the US markets. SAND has the highest volume this morning on the US Amex market, There has also been decent volume in the US warrants SNXXF and SDXXF, with reasonable trading, although the bid - ask spread looks criminal. The bid - ask spread is a bit better in Canada on SSL_T (2014) and SSL_TA.

PS> I'm still thinking about my investment strategy on the Sandstorm warrants realtive to the common. SDXXF which I bought at the same time as SAND has outperformed SAND.
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