Sandstorm Gold Ltd (SSL)

[SsMurry]

Negative Impact for SSL.

Some recent analysis from Daniel Earle shows negative impact from SSL.

Sandstorm's quarterly results were a slight positive from Daniel Earle's perspective, with the company reporting higher attributable ounces sold from its royalties and the financial results were roughly in line with both his estimates and consensus.

More important than the Q3/14 financial results, in Daniel Earle's view, was the 2017 guidance cut to 45 koz (down from 60 koz previously), due to the concern at Aurizona; Sandstorm is now assuming no attributable production from Aurizona in 2017.

Additionally, Luna Gold reported its Q3/14 financial results after-market yesterday; the company tightened 2014 guidance again and mining activity will be reduced from February 2015 onwards, according to the company.

Luna also announced all non-essential capital programs have been halted, includes the tailings dam raise, completion of Work Packages 1 and 2 of the Phase 1 expansion and refurbishment of mining equipment.

Daniel Earle has lowered his 12-month target price to C$4.25 from C$6.00 and he maintains his HOLD recommendation.

[orefinder]

Used to be good. Hope still is. They did some mistakes as far as I remember but I'll check it out.

[joeblow110percent]

A Nice Undervalued Mining Opportunity!

Eddie Sugar who funded Andrew Forrest when he started Fortescue Metals Group is now endorsing a small undervalued iron ore producing company called Tonogold (TNGL).

See the press release here:
http://www.tonogold.com/s/NewsReleases.asp?ReportID=652171&_Type=News-Releases&_Title=Tonogold-To-Acquire-100-Of-Iron-Ore-Project-Mexico

Sugar backed Andrew Forest with 200 million back in 2003 when no one would give Forest capital. That turned into Fortescue Metals Group, which is now ranked as the 4th largest iron ore producer in the world, with a market cap of over 15 billion. That also made Andrew Forrest number 308 on the Forbes Billionaire list with an estimated worth of 5 billion. Forrest’s wealth was built on iron ore sales to China and to some degree thanks to Eddie Sugar’s endorsement.

Eddie Sugars’s new company is EAS. The EAS web site shows that they have been involved in over 2.5 billion worth of successful transactions since their inception in 2008. Eddie Sugar has according to different reports been involved in between 7 and 20 billion successful deals. http://www.easadvisors.com/
Eddie Sugar:

http://m.theaustralian.com.au/business/mining-energy/twiggy-backer-pumps-funds-into-lng/story-e6frg9df-1226779250468#mm-premium

http://www.afr.com/p/business/companies/early_fortescue_backer_sets_sights_3bttqjyIyH4EOTGQI2ienN

http://investing.businessweek.com/research/stocks/people/person.asp?personId=118598545&ticker=WTG:CN

Tonogold (TNGL): http://www.tonogold.com/s/Home.asp

The I Hub Tonogold (TNGL) Board:
http://ih.advfn.com/p.php?pid=squote&symbol=TNGL

[Past and present]

....Sandstorm Gold Ltd. ("Sandstorm" or "the Company") (TSX VENTURE: SSL) has released its unaudited results for the third quarter ended September 30, 2011 (all figures in U.S. dollars ).

Third Quarter Highlights

-- Record operating cash flow of $8.6 million, a 223% increase from the
previous quarter
-- Record gold sales of 5,561 ounces, a 50% increase from the previous
quarter
-- Net earnings were $4.4 million, a 90% increase from the previous quarter
-- The Company completed a gold stream with Donner Metals Ltd. to purchase
17.5% of the life of mine gold produced from the Bracemac-McLeod
development project at $350 per ounce
-- Gold production reached feasibility levels at both the Aurizona Mine and
the Santa Elena Mine
-- Significant progress has been made on the development of the Ming Mine,
which is expected to begin operating by early 2012

"A significant ramp up in gold production at multiple mines together with an all-time high average realized gold price has resulted in exceptionally strong operating cash flows for Sandstorm," said President and CEO, Nolan Watson. "With our cash on hand and robust future operating cash flows, we are well positioned to continue to grow the company through the acquisition of additional gold streams."

[MrC]

Nice volume today.

[MrC]

Thanks eik. Impressive introduction of CEO.

[dayneyus]

SSL is a no brainier buy, they are not affected by production cost like the miners are, way big buy here at these prices!

[eik]

New radio interview with Sandstorm President & CEO, Nolan Watson:
http://ow.ly/6OlD6

[eik]

This stock has enered "buy zone". And warrants SNXXF is the best play again... unless you believe that gold will never recover...

[MrC]

Thanks Past and Present.

[Past and present]

...Alittle old but PR News...

...Sandstorm Gold Provides Production Update for Luna Gold's Aurizona Mine
6 days 10 hours 50 minutes ago - Marketwire via Comtex
Marketwire
Sandstorm Gold Ltd. ("Sandstorm") (TSX VENTURE: SSL) is pleased to announce that gold production has reached feasibility levels at the Aurizona Mine operated by Luna Gold Corp. ("Luna") (TSX VENTURE: LGC). Gold production for the month of August 2011 was 5,018 ounces.

Sandstorm President and CEO Nolan Watson commented, "We are excited to see a ramp up to feasibility levels occur at Aurizona. The progress made over the last several months can be attributed to mine process changes and excellent management practices of the Luna Gold team."

....Alittle over 5k of Gold (in ounces)in a month(One mine?)...Is that bad or something to be humdrum about...I guess the economy is that bad, where the traders have to take profits..Every other day :=(

[silvergun]

wow not bad - now the warrants are .98 and the stock 1.60
1 bagger already
more to come :)

[eik]

[eik]

This stock has a great long term potential a-la SLW or RGLD.

[silvergun]

Thanks ! Yea, I got in back in Dec 2010 at about .78 and its been on a climb ever since then....

Got some of those warrants too - SNXXF - those were at .35 cents - now up to .50

[eik]

[eik]

BTW, most of the trading in this stock happens in Canada, where it's often "locked" on retirement accounts. That would explain comparatively low volume on both exchanges.

[eik]

There are 318 mln outstanding shares; insiders ownership is 11%; institutional ownership is 80% (which is pretty high and encouraging). So, about 28 mln shares are “free traded” shares hold by individual investors.

[Stocktrader1407]

Good action today
We saw good percentage increase before a slowdown. Volume was not bad either.

[JohnCM]

yahoo.finance should answer that. I do not have off the top of my head. It's not too bad. If gold continues uptrend, all is well.

[silvergun]

What is the float here?

[JohnCM]

Trying to accumulate before we break $1.00

[JohnCM]

hanging in there ...

[JohnCM]

Initiating coverage at 0.71 Also long BRD.