SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dino's Bar & Grill

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Goose94 who wrote (53592)3/5/2019 8:39:08 PM
From: Goose94Read Replies (1) of 202323
 
Sandstorm Gold (SSL-T) top pick from Brent Cook and Joe Mazumdar on BNN.ca Market Call Tuesday Mar 5th @ 1200ET

Sandstorm Gold as a liquid, cash-flowing precious metal streamer with a strong growth profile linked to the development of its minority stake in the Turkish Hod Maden project.

The increase of its revolving credit facility (US$225 million) provides opportunities to acquire more royalties on producing or near-producing assets such as the Houndé project in Burkina Faso and, as it’s been the case, the Fruta del Norte project in Ecuador.

Over the next 12 to 18 months, the company may pick up some royalties or streams on operating assets divested by Newmont and Barrick and acquired by smaller producers in need of funding.

The company also has a policy of buying back its shares if they’re considered undervalued versus their internal valuation, which provides some underlying support for the current share price.

Our position was purchased back in May 2017 at $4.60 and we’re currently up about 60 per cent.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext