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Re: Tommy post# 875

Thursday, 08/15/2013 5:34:21 AM

Thursday, August 15, 2013 5:34:21 AM

Post# of 1537
I think that yesterday's buyout of Premier Royalty was a huge plus for SAND. Premier Royalty generated $1.9 million in profit excluding a $8.7 million wright down from Buffelsfontein. The company also has no debt and $32 million in cash. The outstanding shares will increase for SAND, but the overall earnings per share should increase with this deal and increase even more substantially as time passes. Only 7 of the 16 royalties are producing cash at this time.

SAND is going to be a power house in 2-3 years.

IMO

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