Recent Updates At Sandstorm Gold
This is the third in depth article that I'm writing on Sandstorm Gold (NYSEMKT:SAND) this year. In the first, which I wrote in February, I argued that investors were pricing in a relatively optimistic scenario regarding the company's largest streaming agreement on the Aurizona Mine operated by Luna Gold (OTCQX:LGCUF) in Brazil. Specifically Luna gold has plans to expand that mine so that it produces 300,000 ounces of gold per year long-term. But despite this intention there were no concrete numbers backing up the economic viability of such a plan. In fact I subsequently wrote an article on Luna Gold in which I argue that at the current gold price...
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