Sandstorm Gold Ltd (SAND) Quote

Nope, Lord Stanley is coming to visit !

Well my track record on Politics is WAY better than on stocks - as you well know - GO Rangers - oops (another losing year for you I am afraid).

I always hope you are wrong.... Lol

Agree 100% - but the Republicans have shown no desire in the past to govern that way - they always seem to want to stay above the fray - too principled - well they better get off their high horse and friggen do something this time or this country will be speaking Chinese as primary language in less than a generation- I may. E dead but my kids and grandkids will have to face that reality.

As an aside - I am not a Kevin McCarthy rah rah guy - I think he is a blow hard but let’s hope I am wrong

Many things going on that we are not informed about.

Many things going on that we are not informed about.

The FED is controlled by China via the compromised Biden Administration, the destruction of west’s economics is their goal and destroying domestic energy/war then the rate hikes is the strategy to achieve that, unless Republicans win the elections and prosecute the leftist criminals.

I agree, but The Fed may realize that the rate hike road can not be followed for long because of the increased burden of the federal debt compounding will become very painful. Thus resorting to continued monetary expansion and fiscal stimulus. The air may come out of the inflated economy more quickly than anticipated initially. The Fed has painted themselves into a corner. I feel that it is just a mater of time.

Not with rate hikes imo

Thanks for your opinions. We too have a few lithium stocks, but with what seems to be a potentially very large slow down in the world's economy, I wonder if gold may not be a valid alternative to most other stocks and currencies?

I’ll take a look at it on October 21, along with other gold stocks, gold is down because internet rates are going higher. I switched from gold investing to a lithium mining stock and hopefully they get their initial resource estimate soon (JORFF), lithium has a use case in EVs, Gold Jewelry is bought less in a recession

Is any one still here? We are considering possibly getting back in after a few years being out of SAND. Worldwide financials are looking very unstable. Maybe time to have a little gold/silver exposure?

12/20/21 is reversal higher imo

exnay on the feriteay... It be recessay.

Evergrand lehman train derailment!

Physical Au/Ag only for hedge/SHTF, otherwise JR miners with actual production.

Hedge major inflation US debt problem with gold and iron stocks now, SAND, HM#, LBRM#, all imo

Major Opportunity in gold right now perfect storm of government indecision and the decision either way will cause either volatility or inflation, sand and hmy all imo

Looking for a new truck to back up. I need some choices.

Jenga!


I wonder how long the CEO can last being all in?

$SAND Total Debt (mrq) 2.77M

Anyone have any insight to why this is dropping? Just had record revenue.

Both SAND and HMY great investments with devaluation of currencies this year and rumor that int rates will increase

They already bought 800,333 shares last year. The volume today speaks volumes. No pun intended. GLTA!

Share repurchase by SAND likely at current price.

SAND takes larger position in ERLFF

https://www.businesswire.com/news/home/20210219005070/en/

Entree Resources Ltd. ("Entree") is a Canadian mining company with a unique carried joint venture interest on a significant portion of one of the world's largest copper-gold projects -- the Oyu Tolgoi project in Mongolia. Entree has a 20% or 30% carried participating interest in the Entree/Oyu Tolgoi joint venture, depending on the depth of mineralization.

Entree may be a copper play.
"Pursuant to National Instrument 62-103 - The Early Warning System and Related Take Over Bid and Insider Reporting Issues, Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") is announcing the purchase of an aggregate of 5,073,798 common shares (the "Entree Purchased Shares") and 1,200,000 share purchase warrants (the "Entree Purchased Warrants") of Entree Resources Ltd. ("Entree"). The acquisition of the Entree Purchased Shares and the Entree Purchased Warrants collectively represent an approximate 2.0% increase in Sandstorm's holdings of the outstanding common shares of Entree (the "Entree Shares") on a partially diluted basis."
https://www.businesswire.com/news/home/20210219005070/en/

It certainly wouldn't hurt us any. LOL

Gimme a Elon pump

Elon Musk tweeted Sandstorm $SAND is a "masterpiece", earlier today!!!!!

Sandstorm Gold Royalties Announces Record Revenue in 2020
Published: Jan. 11, 2021 at 8:30 a.m. ET

https://www.marketwatch.com/press-release/sandstorm-gold-royalties-announces-record-revenuein-2020-2021-01-11

Looks Like SAND is in the Buy Zone ... I'm in ...

GLTA - Shermann

https://www.scmp.com/comment/opinion/article/3103197/why-us-dollar-only-going-fall-faster-and-harder

SAND, MMX, and RGLD!!!

In small on this one and adding on significant dips.

64 million in hedge fund investments....not to shabby.

Sandstorm Gold: This Gold Miner Is About To Get Much Bigger
May 27, 2020 3:15 PM ET

(In depth article with charts)

https://seekingalpha.com/article/4350365-sandstorm-gold-this-gold-miner-is-to-get-much-bigger

Excerpt:

Bridging the Gap With $400+ Million Of Current Liquidity
Sandstorm's balance sheet continues to remain exceptional. While there was US$50 million of debt last quarter, the recent early warrant exercise incentive program raised US$50.25 million, which SAND used to repay the full amount borrowed on its credit facility. The company currently has no bank debt, and the entire US$225 million revolving credit facility is available. There is also an additional US$75 million accordion feature on this credit facility, which can be used for future acquisitions. Plus, they just initiated an at-the-market equity program that would allow them to issue up to US$140 million of stock. The company is also generating free cash flow each quarter. In total, the company has well over US$400 million of available liquidity.

Yup! Your scenario is possible; although usually, they only hedge a portion of production, and only for a limited period of time.

The bigger problem currently appears to be that some operations could close down for periods of time because of COVID-19.

What could happen is that the cost of mining goes up with inflation but if the mining CO’s are hedge they don’t have the margins and then could go out of business, thus sand not getting the gold.

It doesn't really matter whether the mining companies hedge gold or not because Sandstorm is paid in physical gold. All that matters with the miners is that they continue to mine product at planned rates of production and don't go bankrupt.

Sand.
Let’s remember that they don’t hedge gold and their mining companies don’t hedge gold either.

$SAND out at $7.00

Gold down ~$200 over the last two weeks.

Searching for liquidity anywhere they can find it.

Can anybody here help me understand how this keeps going down while gold goes up???

I have a gut feeling that the longer and more this virus spreads plus lower of interest rates and other money printing that the general investing public will figure this out to buy gold and miners like SAND.
When gold is up over 100.00 daily is when I would say my vision has come true.

Nice. Good times coming here

Uplisting to New York Stock Exchange

Sandstorm has received approval from the New York Stock Exchange (the "NYSE") to transfer the listing of its common shares from the NYSE American to the NYSE. The Company expects to begin trading on the NYSE effective at the open of markets on February 21, 2020.

Sandstorm's shares will trade on the NYSE under the ticker symbol "SAND," the same symbol the Company's common shares currently trade under on the NYSE American. The Company's common shares will continue to be listed on the Toronto Stock Exchange under the ticker symbol "SSL".

In connection with the listing of common shares on the NYSE, the Company will voluntarily delist its common shares from the NYSE American.

" in 2023, the company is targeting nearly double that, 140-plus Koz."

Why I'm here...

futr

For 2019, Sandstorm guided to production of 63–73 Koz, which compares to BMO's expected 64 Koz. Further out, in 2023, the company is targeting nearly double that, 140-plus Koz.

Nothing negative from me Kraticka. I am very long here. I was just passing on an article on Sand to those that may have missed it. I try to read anything I can on both sides,good or bad,of stock that I own.I have been adding here on pullbacks for a while......Bluetick

The Fed is increasing its balance sheet again but isn’t calling it QE.

But the result will be the same. Inflation.

If investors have fixed income they need to hedge that fixed payment vs inflation wiping it out. Sand is a good way to hedge that risk.

Being owed gold into the future at a fixed price while other prices are rising is exactly the hedge Americans want to have.

Sand has no debt as well.

Selling Puts on Sand?

This is an interesting topic bc of the low price of Sand vs the other stocks that are low priced but have a chance of going out of business.
The chance of Sand going out of business is extremely low.

And worst case if you get put shares at a higher price, those of us who understand what’s going on with the U.S and debt monetization don’t mind holding shares higher than 6.00.

Gotta Boatload here....

Patience pays off bigtime.