Author: csinvesting

hamiltonleen / Pixabay
Value Investing

Sandstrom Back Of Envelope Valuation

We last discussed Sandstorm (SAND) here: http://csinvesting.org/2017/11/01/sanstorm-gold-analysis-other-readings/ I did a back of the envelop valuation here: Sand Report Sandstrom (“Sand”) is a royalty and streaming company. Essentially, it is a capital allocation business where management must have the technical expertise to […]

The ART of Contrary Thinking
Top Stories

The ART of Contrary Thinking

When everyone thinks alike, everyone is likely to be wrong. If you wish to keep from guessing wrong, learn to think contrarily.  –Humphrey Neill CSInvesting: Humphrey Neill wasn’t advising to blindly go against the “crowd” but to think things through […]

Sanstorm Gold Analysis; Other Readings
Value Investing

Sanstorm Gold Analysis; Other Readings

A reader (the ONLY one) presented his valuation below: The analysis is in response to http://csinvesting.org/2017/10/27/sandstorm-gold-so-whats-it-worth/ Business Model Sandstorm provides financing for other junior, mid-tiers and major gold producers. In exchange for a principal amount provided by Sandstorm, gold producers exchange […]