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

To: onepath who wrote (618)	4/26/2012 3:24:15 PM
From: PaperPerson	Respond to of 1133

could be a breakout going on in ssl. if so, there is some theoretical support for a 50 percent move to match the one form 1.30 to 1.95 that occurred from late january through mid march. if you use c$1.75 as a starting point, whch is the 50 day moving average, that would take it (theoretically) to c$2.62. we are in good shape with strike of u.s.$1.00 and a 2015 exp. under the above chart scenario, the ssl-wta warrants must go to c1.62, assuming parity of u.s. and canadian dollars employing the one for five reverse split which is about to take place, five shares at c$2.62 becomes one at $13.10. and only 69 million shares out instead of 300 million whatever. every five warrants give you right to buy a share for u.s.$5.00.there are, as I recall, only 20 million ssl-wta warrants, so they are going to be a very good horse to ride with or without a u.s. listing of the warrants. stockcharts.com