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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (47817)	10/16/2018 8:12:15 PM
From: Goose94	Read Replies (1) of 202372

Sandstorm Gold (SSL-T) top pick from Joe Mazumdar on BNN.ca Market Call Tuesday Oct 16th @ 1200ET We like to pick one stock that's liquid (market capitalization of $977 million) and generates free cash flow. This year, we choose Sandstorm Gold, a streaming/royalty company that generates about US$10 million in free cash flow per quarter. It differs from its peer group as it is forecasts a double in its gold equivalent production profile by 2022-2023, which is underpinned by its 30 per cent stake and 2 per cent net smelter returns (NSR) in the Hot Maden gold-copper asset in Turkey. Hot Maden on a 100 per cent basis hosts 3.5 million ounces of gold equivalent grading just under 12 g/t gold equivalent. In the near term, the company is looking forward to the Cerro Moro silver stream, a high-grade silver-gold mine in Santa Cruz, Argentina operated by Yamana Gold. Recently, it purchased a 2 per cent NSR on the Hounde gold project in Burkina Faso operated by Endeavour Mining.

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