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

To: kidl who wrote (696)	10/10/2012 3:42:08 PM
From: architect*	Respond to of 1133

production costs are 50% above what they get from SSL Good point. I saw that when I reviewed Brigus Gold today. Brigus already has a good amount of debt, and that along with Sandstorm's revenue stream, I passed on Brigus, after a quick look. Brigus had a one time charge + $5.7 MM in Q2 that added to profits, they need to show more profitable operations going forward. The DD&A is very high, but they may be building working capital, I need to look closer.