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10/3/16

Sandstorm Gold (SAND) (SSL.to) 3q16 sales and revenues estimate

Take the preliminary 12,500 oz AuEq that SAND says they've sold in 3q16, add in an average price, assume the same type of split between gold sales and royalty revenues as in previous quarters, come up with a chart like this:


That's a guesstimate of U$16.625m for 3q16. A reasonable quarter. There's room for the stock price to go higher on that.