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

To: TheSlowLane who wrote (344)	10/23/2010 8:49:28 AM
From: PaperPerson	1 Recommendation Read Replies (3) \| Respond to of 1133

forgetting the charts for a minute, some time in here HAS to be the right time to buy SSL. we know they have a little bit of cash flow and that it will ramp up from the deals they have made to finance gold mines. so it is not like a drill play, where it falls from 85 to 15 cents. it is going to behave more like a financial with known cash flow. and unlike gold wheaton, which ran into probs in s.a., we know of nothing really bad that has befallen any of SSL's contracts. and thank god they are not in s.a. so if i still liked everything, as the dust settles on the PP here, i could see buying the common in bite size chunks. there is the risk that youre buying into a temporary gold top, so i would go slow on that. i do think the warrants have held up irrationally and are due for a further dip. my apologies to those who still own them for saying so.

To: TheSlowLane who wrote (344)	10/23/2010 1:10:34 PM
From: onepath	Read Replies (2) \| Respond to of 1133

The only material change for SSL was the 57.5 million bought deal......73c for 1 share pus 1/4 of a new WT..the "A.WT" At Friday,s close of .66(SSL) and 1/4 of .27(SSL.WT.A).0675 = .72 3/4c which puts everyone who got in on the bought deal dead even and also anyone who never got in can buy market and now have it. So the arbitrage play from the financing is gone,,,,,the only part still out of whack is the reg. WT which is still over valued in relation to SSL & SSL.WT.A. My take is SSL & SSL.WT.A. are buys at this level and we have seen the low for SSL.....and i agree with PP that holders of SSL.WT might consider selling some and buying the new "A" or just SSL. Coming catalyst could be does mgmt. have a deal in the works for the 57.5 mil.? I would like to think so.....any market weakness right now works in favor of any deal SSL is contemplating which should also mean SSL with its cash should hold up better in any short term market correction.