Q: Peter,
I'd like your take on Sandstorm Gold. I like the royalty structure and they had some cash on hand last I checked and no debt. They also seem to have the management pedigree to make the right choices in terms of which mines to finance. My biggest concern with them is that they don't have what I would call a "bazooka" of cash to make deals like, say, Franco Nevada does.
Your thoughts are very much appreciated.
I'd like your take on Sandstorm Gold. I like the royalty structure and they had some cash on hand last I checked and no debt. They also seem to have the management pedigree to make the right choices in terms of which mines to finance. My biggest concern with them is that they don't have what I would call a "bazooka" of cash to make deals like, say, Franco Nevada does.
Your thoughts are very much appreciated.