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

To: maxncompany who wrote (418)	1/25/2011 11:06:07 AM
From: kidl	Read Replies (1) \| Respond to of 1133

$25 Mil comes to mind for 2011 but take that with a large grain of salt. Here is what Cormark came up with about a week ago according to a SH poster: Cormark Securities Inc. came out today with a "buy" recommendation on Sandstorm and set a $1.70 target. >Commented on SSL's 6th gold stream deal (anounced yesterday) whereby SSL will be getting 20% life of mine gold production from Metanor Resource’s (MTO.V) Bachelor Lake mine near Val d'Or in Quebec for $20 million in staged cash payments and ongoing payments of $500/oz gold delivered. Production is anticipated in Q2/2012 at 60,000 oz of gold per year (would equate to 12,000 oz/annum to SSL). >Cormark estimated annualized production for SSL‘s six gold streams to be over 50,000 oz by 2013. >Cormark anticipates SSL to add at least two more streams in 2011 and recommended SSL for investors seeking exposure to the gold market through an aggressive gold streamer with a proven management team.