Replies to post #1448 on Sandstorm Gold Ltd (SAND)

[OldtimeramI]

Here is good article that explains this latest deal. As far as the share price decrease. It is a 20% dilution to existing Sandstorm Shareholders. They bought an exploration company that owns certain mines and has joint ventures in other mines.

https://seekingalpha.com/article/4065869-sandstorm-golds-latest-deal-head-scratcher

I believe the idea is to sell one of the mines in exchange for a Gold Stream and package the other mines and create a newly formed mining company. Will the existing Sandstorm shareholders receive shares from the new company? Who knows. Many uncertainties regarding this deal might not be helping the share price either.