Sandstorm Gold Ltd (SAND)

VANCOUVER - Royal Gold, Inc. has completed its acquisition of Sandstorm Gold Royalties (NYSE:SAND) (TSX:SSL), a $3.59 billion market cap company with impressive 84.3% gross profit margins, through a previously announced plan of arrangement, according to a press release issued Monday. InvestingPro data shows Sandstorm’s stock has delivered a remarkable 118.72% return year-to-date, trading near its 52-week high.

Under the terms of the transaction, Sandstorm shareholders are receiving 0.0625 shares of Royal Gold common stock for each Sandstorm share held.

Sandstorm shares are expected to be delisted from both the Toronto Stock Exchange and the New York Stock Exchange within two to three business days. The company will also apply to cease being a reporting issuer in Canada and will deregister its shares under the U.S. Securities Exchange Act of 1934.
https://www.investing.com/news/company-news/royal-gold-completes-acquisition-of-sandstorm-gold-royalties-93CH-4296892

thanks not sure what happens son that board

That is not my work.......TOBINATOR00 on IV:

https://www.investorvillage.com/smbd.asp?mb=144&mn=271699&pt=msg&mid=25020537

should have known this drop was coming it filled the gap at 5.50 and is bouncing off the 21 day

thansk this was excellent
you did a lot of work

https://www.investorvillage.com/uploads/15788/files/July28_Weekend_Chart_Summary.pdf

thanks eom

He is on investors village. Click the link I posted. He usually posts a summary every weekend of the precious metals.

where do you find Tobinnator?
I am 83 3/4 as kids under 7 we always said 5 1/2 etc Now I' 83 1/2
I added toay as it filled the gap at 5.52. They usually will drop just below the gap when filling then the reboind beginss
so need a gtc order waiting unless one has time to sit and keep piunching the key board.
SAND will be a huge runner very soon as POG reves back up. AS PMG goes up their earning expand and their cost are low
as they don't work mines just lend them $$ for % of the mineing

I'm no young chicken either at 81. The LEF.ORG is one of the best health sites on information to extend your life. You can download the pdf of the monthly magazine at the bottom of the page.

Tobinator00 has a nice weekly outlook for the precious metals:

https://www.investorvillage.com/smbd.asp?mb=144&mn=271215&pt=msg&mid=24943585

I see the premarket in gold is down a little. SAND has a gap which I am waiting to get filled when it backs off to fill the gap

I check once in a while. I am over loaded in PM's and really going heavy into 4 streamers of which SAND is my leader. I have seen
some reports it will be the place oto be when gold hits 3,000 I do have a few that aare not streamers most pay divs which is a big + for me at my advanced age.

Just monitoring

Anybody home...bend some time since anybody posted.

Latest Presentation:
https://www.sandstormgold.com/wp-content/downloads/Sandstorm-Presentation.pdf

Interview with David Awram:



Weekly Chart

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.