SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Sandstorm Gold -- Ignore unavailable to you. Want to Upgrade?


To: The1Stockman who wrote (698)10/11/2012 3:16:06 PM
From: architect*  Read Replies (1) | Respond to of 1133
 
I took profits +38% on all my common shares, over the past several days. I hold a good position in 2014 and 2015 warrants. I'd appreciate a heads up if the other profit takers, say hey when they reinvest. Holding a big cash position to reinvest, if Mr. Markets looks like it wants to go higher. Gold looks a little toppy after a big run-up in price. SSL charts are showing overbought technical indicators. RSI, STO, MACD, and so on.

thanks to kidl, loneclone and beginners luck, I have a reasonable portfolio allocation and new investment capital for precious metal investments. In a nutshell, i really didn't understand the financial valuation metrics of Sandstrom to hold a big sized position. It appeared to me that using the valuation metrics from Sept. 19 in Sandstorm Gold's investor presentation, that the increase in SSL price from Sept 19, to today had SSL valuation metrics in a similar range of FNV, RGLD, and SLW.