SSL International Share Discussion Threads

[goodgrief] 08/6/2017 17:57

Thanks... got a bit of a soft spot for Hargreaves Landsdown having done investment (funds, insurance) through them some 20 odd years ago, but never held a trading a/c.

[bluelynx] 08/6/2017 17:36

TD Direct Investing have been taken over by Interactive Investor. TD Direct advised me before the transfer that I had sell most of my Canadian listed miners,hence I have Transfered to Hargreaves Landsdown.

Interactive Investor are still keeping the TD Direct trading platform, but it is Interactive Investor who own it. I certainly do not want anything to do with Interact Investor hence I have transferrd PDQ.

[goodgrief] 08/6/2017 16:28

Thanks... basically instructed by Barclays to sell my MARL shares, when I would have preferred taking part payment in SAND shares.

[jimbowen30] 08/6/2017 16:24

I use TD investing and would recommend for overseas shares.

[goodgrief] 08/6/2017 16:23

Can anyone recommend a decent broker for TSX and/or NYSE shares? Thanks.

[shavian] 07/6/2017 14:48

Any updated views on the bid for MARL?

[zedder] 11/5/2017 21:20

Bid for MARL now worth approx 99.8p.

[jimbowen30] 09/5/2017 13:42

Very strong quarterly results from SSL that read well. here's some commentary:

[rrr] 08/5/2017 23:34

Q1 2017 results out -

[shavian] 06/5/2017 09:44

Dooby: ther's quite a lot of critical comment on Nolan Watson on the Seeking Alpha site, but quite a lot of support too. I concur that this is a bold move which tilts SSL's business model away from pure streaming for a while, and I'm a bit concerned that we are just as likely to be shat on by the Turks as MARL is. There's no guarantee that Nolan will be able to complete the streaming deal with Lydia on the spectacular terms that he wants, if at all. Political events in Turkey could overshadow everything, but if anyone can pull this off, I think Nolan can.

Meanwhile, listen to Eric Sprott on this weeks continuing shorting of gold and silver by the ususal suspects. It seems to me to be a reasonable time to top up.

[jimbowen30] 04/5/2017 18:34

SSL presentation from last month's European Gold forum (pre MARL announcement)

[jimbowen30] 02/5/2017 23:19

good article - rewards of MARL deal outweigh risks:

[zedder] 02/5/2017 15:21

SSL finally bottomed after an early try to drive it lower again today?

[jimbowen30] 30/4/2017 17:47

Sandstorm/MARL presentation:



I have never seen a project with an IRR of over 100% and AISC of $400/oz.

[doobydave] 27/4/2017 18:36

I'm surprised this manoeuvre by Sandstorm hasn't drawn more fire here. The markets have made it very, very clear what they think.

I've only been here a couple of years but I feel slightly mugged. The whole point of investing in a streaming company is its safe predictability and aversion to operating risk. Nolan Watson has made large on these virtues for as long as anyone can remember, and has unquestionably done a first rate job of building royalty streams.

However, overnight, we are presented with a classic about turn on a sixpence. Hot Maden is a world-class asset, but IMO, country risk in a Turkey run by Erdogan for the next decade-plus looks pretty scary, despite Lidya's central involvement.

Am I alone here?

That's not to say it can't work out well. The sell-off looks overdone, and tomorrow could be a decent buying opportunity. What I object to is the fundamental, unsignalled change of business plan. Hardly surprising that there is a sell-off.

[zedder] 27/4/2017 17:03

No problem pr0t0n. It's always worth double-checking each other anyway.

[pr0t0n] 27/4/2017 15:50

Oops, I`ve got embarrassingly wrong.

Thanks.

[zedder] 27/4/2017 15:29

28.75p cash + (0.2573 x $3.63 x 0.7789)p in SSL shares
28.75p + 72.75p
=101.5p

[pr0t0n] 27/4/2017 15:19

Zedder,

How did you calculate that ?


Under the terms of the Combination, Mariana shareholders will receive 28.75 pence in cash and 0.2573 of a Sandstorm share for each one Mariana share held. The Combination values Mariana at approximately 110 pence per Mariana share based on the closing price of US$4.04 per Sandstorm Share on the NYSE MKT and a currency exchange rate of £0.7788 per USD, on April 25, 2017

[zedder] 27/4/2017 14:22

So the MARL take out price down to £1.015 based on SSL price at the close yesterday. Hopefully SSL will recover some of that drop today.

[rrr] 26/4/2017 16:54

Sorry Chip, I didn't mean to mean you were new to streaming! Should have said welcome to SSL!

[chipperfrd] 26/4/2017 11:23

Hi rrr,

I have been holding SLW & FNV for some time, so not new to streaming & royalties. But not averse to having a third 'iron' in that particular investment fire! I will have to see how I feel after a bit more DD.
Chip

[rrr] 26/4/2017 11:18

Hi Chip, welcome to the world of streaming.
Holding both SSL and MARL already I have no complaints. Looking forward to the day when Sandstorm starts paying dividends like Silver Wheaton.
rrr

[chipperfrd] 26/4/2017 11:00

Hi guys!

I am also planning to take a close look at SAND because of their MARL T/O. Good to have the option available.

Pleased to see some well known tags posting here :-)

Regards
Chip

[zedder] 26/4/2017 10:33

I've hopped across Shavian, thanks for info about Transact. I do have a Barclays International Trader account, so presume that any SSL shares I receive for my MARL holding could be held and traded in that.

What do you make of herbert's post?

herbert howells 26 Apr '17 - 10:04 - 2888 of 2888
Be careful. Sandstorm is going to be one of the shares sold down in the proposed re-organization of GDXJ in June. It's something to consider among other factors:

hxxp://themacrotourist.com/macro/the-real-message-from-the-gdxj-mess

Sounds like that will likely end up offsetting any benefit of SSL being added to a couple of composite indices as you point out in post 253.