SSL International Share Discussion Threads

[rrr] 02/10/2019 23:05

Oct 2:
Sandstorm Gold Royalties Announces Record Revenue and Gold Equivalent Ounces Sold in Q3 2019

[shavian] 07/8/2019 18:49

CAD $8.98. Is this a new ATH? Very happy with my holding despite the news of a slight delay at Hod Maden. With gold through USD 1500 for the first time in 6 years and the trajectory of the royalties and streams, this has got to be the steal of the century. Waiting with bated breath for the quarterly production ounces next week!

[greenrichard] 18/7/2019 19:54

Still fully invested here from the Mariana days and what a ride. Up over 7% today to CAD $8.20. The weakness of sterling has added another 10% gain over the past couple of months too.

Sandstorm price has doubled since the deal and the exchange rate has improved by over 25%.

[rrr] 20/2/2019 11:07

The rising gold price must be a factor in the recent share price rise so maybe more to go on these results and future prospects (always assuming gold stays where it is or rises further).

[doobydave] 20/2/2019 10:09

They seem more interested in using funds to buy back shares than directly rewarding shareholders. I won't hold my breath for dividends.

IMV the best bit was:

"Based on the Company’s existing royalties, attributable gold equivalent ounces sold for 2019 is forecast to be between 63,000 and 73,000 ounces".

Using the lower estimate, that's a healthy 9% increase from 57,646 oz this year, with very good upside. The question is, how much is already priced in after the recent share price rise.

[rrr] 20/2/2019 09:53

2018 results out. Look good. Wonder when they will start to pay a dividend.

[greenrichard] 04/2/2019 12:54

Exchange rate is on our side for holders too (if wanted to sell!)

[jimbowen30] 02/2/2019 10:39

Share price hitting new 52 week highs. It’s still dirt cheap v competitors and given their strong growth prospects.

[greenrichard] 18/12/2018 19:35

Back to $6.20

[greenrichard] 12/11/2018 20:06

Sandstorm Gold Ltd. will release its 2018 third quarter results on Wednesday, November 14, 2018 after markets close.

[elpirata] 17/8/2018 13:17

I see this is back to square one at the whim of pog/$/Turkey - was trading at $6 this time last year

keeping on monitor for another possible entry point

[shavian] 17/7/2018 06:25

Some exceptionally good updates out yesterday:

[jimbowen30] 27/6/2018 14:06

A very strong PFS from Hod Maden that will transform Sandstorm. The deposit will clearly grow and be in production for well over the initial 11 years. Some of the lowest costs I've seen and one of the highest IRR's I've seen.

[jimbowen30] 11/5/2018 13:26

May corporate presentation is worth a read. Sandstorm is very undervalued imo - especially v other royalty companies.

[jimbowen30] 20/4/2018 14:53

Hot Maden is a world class deposit. Clearly, a big discount is being applied as it's in Turkey:

On just this M+I resource (not forgetting there is masses of exploration upside potential at Hot Maden, a 2,500 tonne per day underground mine operation would have enough rock for 13 years of operation.

•At 12.1g/t AuEq and 85% recoveries, that would represent production of nearly 300,000 oz AuEq per year.

•As the 43-101 technical report gives us a 2g/t AuEq cut off and U$1,300/oz gold price, we can assume they’re working on a per-tonne cut-off of U$83.60. As I like rounding up and being conservative, let’s call that a $90/tonne cost cut-off.

•300,000 oz gold at U$1,300/oz is U$390m.

•$90/tonne X 360 days X 2,500 tonnes per day is a cost of U$81m

•Now that’s what I call margin.

[stephen2010] 03/4/2018 00:36

ALBA!!! One to watch but don't hang around. Potential 15 bagger. See link below

[shavian] 30/3/2018 22:04

New JORC for Hot Maden, now sadly called Hod Maden.



A lot to read, including some brilliant graphics.

[jimbowen30] 08/2/2018 16:26

Another good article highlighting Sandstorm’s investment appeal....

[shavian] 08/2/2018 15:52

Sounds about right GR. I top-sliced 1500 shares last week with some reluctance - just borrowing some from Sandstorm to fund top up opps in IQE and VRS who have been attacked by shorters. I'll put 'em back in when they bounce back as SSL is less volatile than the others.

[greenrichard] 24/1/2018 20:07

Whilst the increase in share price is great the exchange rate has knocked 10% off the price in GBP since last September.

I reckon the corresponding Marl price would be approx £1.30 now or £1.40 based exchange rates when announced last year.

[shavian] 24/1/2018 08:00

Gold on a bit of a roll