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


To: TheSlowLane who wrote (241)9/11/2010 11:51:58 AM
From: kidl  Read Replies (1) | Respond to of 1133
 
WOW, nice work but how do you come up with a 30 P/E ratio?



To: TheSlowLane who wrote (241)9/11/2010 1:42:08 PM
From: PaperPerson  Respond to of 1133
 
TSL --I am impressed!



To: TheSlowLane who wrote (241)9/11/2010 2:31:55 PM
From: pogohere  Read Replies (2) | Respond to of 1133
 
I believe Sandstorm will be paying Luna US$400/oz for it's 17% of gold production.
sandstormresources.com

I can't find the details of Rambler's agreement with Sandstorm on the Rambler web site, which agreement has apparently been amended, nor can I access the Mar '10 PR that apparently detailed the initial financing agreement with Sandstorm.

Sandstorm provides some details here :http://www.sandstormresources.com/s/NewsReleases.asp?ReportID=388015 and indicates "Sandstorm to purchase 25% of the first 175,000 ounces of payable gold from the Ming Mine and then 12% of the payable gold thereafter" . . and "No ongoing payments for ounces delivered"

I have yet to find what Sandstorm will be paying for Rambler's gold. Does anybody know that?

I have sent an inquiry to Rambler asking for these details.