Use access key #2 to skip to page content.

SN3165 (< 20)

A Premier Opportunity

Recs

7

February 13, 2013 – Comments (1) | RELATED TICKERS: SAND , SLW , FNV

I bought Premier Royalty at $1.62 the other day. I hope to add much more in the coming weeks/months.

 I don't have much time now to explain my bullishness but to sum it up quickly:

 - $130 market cap with $40 million in cash to buy new gold streams/NSR's.

 - Sandstorm is a 60 percent shareholder, in at close to $2 a share. 

 - Close to 5K ounces attributable in 2013 will lead to around $5-6 million cash flow in my estimates.

 - Big potential to do more deals this year

 -An Eventual and obvious buyout candidate

- My bullishness on the streaming business in general, as they continue to outperform the miners. 

 More to come...

1 Comments – Post Your Own

#1) On February 13, 2013 at 8:29 PM, SN3165 (< 20) wrote:

I also really like Endeavor Silver here around $6.60 (among others), I don't see it going much lower, but who knows with this market.

Report this comment

Featured Broker Partners


Advertisement