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9/18/17

Sandstorm (SAND) (SSL.to): Beaver Creek gossip

It didn't take long for the chatter to start at Beaver Creek. This desk understands that a chunk of Monday morning conference jungledrums concerns Sandstorm (SAND) (SSL.to), which is looking to sell around 6% of its holding in Trek Mining (TREK.v) and get its position down to a more manageable 10% or so. SAND was first approached by a stink-bidder who got short shrift (sorry Marin, doesn't work like that) but is now in more serious conversations with a potential buyer. The question, as always, is the price.