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


To: kidl who wrote (290)9/24/2010 11:27:48 AM
From: PaperPerson  Respond to of 1133
 
I agree Toronto needs to be SSL's first step and I am sure Nolan Watson is getting his papers in order for a run at that.

He knows a priority would be to get off the venture and onto the big board in canada. it enhances his ability to do private placements for more money, for starters, and to pay less in finder fees, and etc.

As a state-sider who has been having to tell my brokerage firm that 'yes they can buy this canadian stock for me if they would only get off their butts' for the last five years or so, I would like to add a few thoughts on the importance of being co-listed, meaning, having both a toronto and a new york listing. (Amex is part of New York Stock Exchange now.) Watson already knows this because he was part of Silver Wheaton....

Being co-listed is of growing importance, because those south of the border are FINALLY catching on to the fact that Canada is the gold mining stock capital of the world. Toronto listed stocks are still difficult and intimidating to buy for most state-siders. Buying amex is a no-sweat proposition in comparison to negotiating the pink sheets, where often it is difficult to even get a fresh bid and ask.

I have seen for myself how being on the amex adds to the liquidity of a PM stock with both PAL/PDL and CGR/CRJ.

Because i am south of the border and have played with both, I monitor the price and volume action side by side on yahoo. no big deal, just something i need to do.

there have been PLENTY of days where the CGR volume was pulling the train and CRJ was getting pulled along like a coal car.

this has a certain irony since i am in the warrants, which are only on the toronto and thinly traded even there.

Sandstorm's current PDF presentation says on the title page, "A Good Start But Only the Beginning."

This is one case , at least, where that is not just hype.