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Sandstorm (SAND) ( uses the subprime loan business model to GRO(W)

Hey, remember those heady days of 2005 to 2008? Lehman Brothers, NINJAs, boxing up crap and labelling it quality? Well, Nolan Watson doesn't. Here's the news release

Your need-to-know on the thing SAND has just bought, Gold Royalties Corp (GRO.v):

  • In February 2013 it was an 80c share price company
  • In February 2014 it was an 40c share price company
  • Yesterday it was a 10c company
  • Nolan's paying 20c a share, bless him.

And that's all you need to know, honestly. That's everything.