This sell-off is a gift to anyone with foresight and a recognition of Nolan Watson's talent in enhancing shareholder value.
Though this is my largest holding of about 20 stocks, I have added more--as I did again last week. This is the classic no-brainer. A genius with a proven record of success, both with Silver Wheaton and SSL, is provided another $130 million to find capital-starved companies with proven reserves. Talk about opportune!
The timing could not be much better. Gold is headed higher, while even the best companies are having trouble raising cash in this environment.. SSL can pick and choose from among a variety of high potential situations.
The smart money surely recognizes this opportunity. The confidence demonstrated in the "bought deal" says it all. At the same time it affords Sandstorm the luxury of acting immediately in securing new gold streams. EXCELSIOR!