Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Spud - at least SAND is going the right way now - up from $3.50USD to over $4.50 in the last month!
The only other gold exposure I have atm is NRG (worth a look as massively undervalued - I know, they all are!) as I sold CORA just before the latest placing.
Merry Christmas ex MARLers!
Me neither - nothing since July 2018 https://www.sandstormgold.com/our-royalties/hod-maden/.
Perhaps its gone from PFS to DFS stage... but this hasn't been confirmed.
I haven't checked this board for ages - looks like no one else has either! I am struggling to find up to date info on Hot Maden under Sandstorm. Or Hod Maden as it seems to be called now???
Well, Hargreaves Lansdown will let me do a dummy buy of SSL shares (i.e. on the Canadian exchange). But of course that doesn't prove it would have gone through if I'd pressed 'Accept'. (Sorry, not wasting the fee to find out!) Sounds like you know a lot more about the regulations than I do, so I don't think I can help further. ATB.
I'm assuming it is either exchange, as it is UK regulations (as long as the broker is applying them) that is preventing us from buying them as it seems Sandstorm can't be bothered to filing the correct KID paperwork. I find this a bit odd as I've done a bit of research and think its only ETF's and suchlike that come under then PRIIP regs?
Is that on the US or Canadian exchange?
If I remember, I'll try a dummy buy with HL later (when the Canadian exchange opens).
As an EU investor you can't buy SANDSTORM shares now because they haven't complied with PRIIP and issued a KID to investors?
This is from Halifax where I have just tried to up my holding. Very frustrating - you can hold and sell, just not buy any more. I would be interested to hear other people's opinions/experiences.
Annoying!!!
Wonder how the MARL SP would have been faring today?! cf AAU plummeting.
Waiting for NA markets to open to see what effect if any it has on SSL. Maybe not too much, as it already seemed to be discounted for Turkey risk.
sandstormonly being priced on cash through the door.it will lift next year and gradually until HM production.Quite a safe share with LT growth promise which is why I stuck with it
The more I look at the PFS figures, the more I realise how cheaply Mariana let this go.....
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/823-tsx/ssl/49024-exclusive-interview-sandstorm-gold-royalties-president-and-ceo-nolan-watson-discusses-hod-maden-pre-feasibility-study.html
I really cant understand why this hasnt turbocharged the Sandstorm SP.
we sold with (a 30% ) PEA @1.2moz PFS now @3moz with more to follow and Nolan says $30m total contribution
—PRE-FEASIBILITY STUDY HIGHLIGHTS
Economics
Pre-tax NPV (5% discount rate) of $1.4 billion and an internal rate of return ("IRR") of 60%
Post-tax NPV (5% discount rate) of $1.1 billion and an IRR of 50%
All-in sustaining costs are estimated to be $374 per ounce on a co-product basis1
Upfront capital cost of $272 million
Reserves
Proven and Probable Mineral Reserves of 2.61 million ounces of gold and 129,000 tonnes of copper
Production
Mine life of 11 years with average annual mill throughput of 900,000 tonnes
Annual average production of approximately 266,000 gold equivalent ("AuEq") ounces
Average head grade of 11.9 grams per tonne ("g/t") AuEq
PFS has been released :)
...and that is only a couple of weeks away. Watching for the upcoming SP action. We could do with a dividend announcement too...whoosh!
April 17th presentation "We are very very close to getting the PFS out........PFS is out shortly." And on the presentation timeline it shows PFS as being done by end of Q2......
April 17th presentation "We are very very close to getting the PFS out........PFS is out shortly." And on the presentation timeline it shows PFS as being done by end of Q2......
Where is the PFS???
All nicely tucked up.. http://news.morningstar.com/all/canada-news-wire/20180515C2030/new-dimension-completes-acquisition-of-santa-cruz-gold-and-silver-properties-and-closes-oversubscribed-private-placement.aspx
Cheers f29, made good listening. Very upbeat, especially re Hot Maden. PFS very soon by the sounds of it....
http://www.europeangoldforum.org/egf18/company-webcast/SSL:CN/ showing business well laid out,LTHs already knew the bones but nice to see it presented.And as for HM,well who would have thought !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Investors running for the cover of gold today with Trump on the warpath...? SAND up nearly 2.5% so far. It would be nice to be convincinglyy above 5 USD.
Institutional investors seem to be giving Sand storm the nod: https://www.americanbankingnews.com/2018/04/11/sandstorm-gold-sand-sees-large-decline-in-short-interest.html
More from Stockhouse: "SAND is continually misunderstood primarily because - for whatever reason - Hot Maden is not getting the investor attention it deserves. It was a great deal, but because they acquired Mariana (with its 30% interest in Hot Maden) instead of buying a stream, there was a lot of the criticism. But, comparing the expected return vs a typical streaming deal and its a multi-x better return. Streaming investors just don't get it. While I'm frustrated I also look at this as a buying opportunity (although my current position is pretty large already). Although many investors want to see a dividend, I believe there is a better return from buying back shares. (I've never understood why streaming investors are so into dividends, given that they are so small. FNV and RG are both only 1%+.) But, all that being said, Nolan has made it clear they'll soon have a dividend. In any case, I see value accretion and an upward trending stock price."
thanks D220.That's also someone else who can't read or, we are all right and the land that needs a coloured light to allow them to cross the road,needs a PFS to allow them to invest.On his reserved estimate,before further exploration HM will triple cash intake and that is with other streams on the way.
worth a read: http://www.stockhouse.com/companies/bullboard/t.ssl/sandstorm-gold-ltd?postid=27841224