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Gold/Mining/Energy : Sandstorm Gold -- Ignore unavailable to you. Want to Upgrade?


To: PaperPerson who wrote (108)8/13/2010 9:35:10 AM
From: TheSlowLane  Read Replies (1) | Respond to of 1133
 
I agree with your take on Sandstorm. From what I understand, Luna is making progress on commissioning Aurizona and we should see some news on that from Luna fairly soon, whatever that means. But the cash flow is coming and that should definitely put a floor under the stock. The story on the warrants sounds compelling. One concern is that Luna, for example, got 5.5MM shares of SSL as part of the deal and from what I could find out, there are no restrictions on them. That could be where all the stock is coming from lately but that is just a guess.