Greenstone Gold Mine

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  • Опубліковано 16 січ 2024
  • The Greenstone Gold Mine is located in Northern Ontario, Canada approximately 275km from the city of Thunder Bay. Once in production, Greenstone will be one of the largest open-pit gold mines in Canada, and be a significant contributor to Sandstorm's annual gold equivalent production.
    Learn more about Sandstorm's key development assets at www.sandstormgold.com/future-...
    Sandstorm holds a gold stream on the Greenstone project pursuant to an agreement with an affiliate of Orion Mine Finance, who holds a 40% interest in the Greenstone project. Under the terms of the gold stream, Sandstorm is entitled to purchase from Orion 2.375% of the gold produced at the project (calculated on a 100% basis but payable from Orion’s 40% interest) until 120,333 ounces are delivered, then 1.583% of gold produced thereafter. Sandstorm will make ongoing payments to Orion equal to 20% of the spot price of gold per ounce plus an additional payment of up to $30 per ounce in ESG contributions. Visit www.sandstormgold.com/portfol... for more information.

КОМЕНТАРІ • 13

  • @BlackSwansFine-co6cd
    @BlackSwansFine-co6cd 4 місяці тому +2

    Perhaps 15 to 20 million in Greenstone royalties first full year production @ $2,000 USD gold. Maybe even as much as 23 million @ $2,500 USD gold. Ither way that's an increase in total revenue by over 10% easy. I added shares at sub $4.

  • @kludgedude
    @kludgedude 5 місяців тому +2

    We’re gonna need better background music to really make this investment perform

  • @HnN19
    @HnN19 3 місяці тому

    Sad to see when GGM not holding up their end of the deal by hiring locals. The majority of the ppl working there are from out of town.

  • @Eman1900O
    @Eman1900O 5 місяців тому

    Gold is dying

    • @darrylbinder
      @darrylbinder 5 місяців тому +1

      not really

    • @ivankabalin2951
      @ivankabalin2951 5 місяців тому +3

      Lol. Gain in price is 20% last 2 yrd

    • @WallStForMainSt
      @WallStForMainSt 5 місяців тому +3

      Bitcoin Kool Aid drinker. Definitely not diversified at all. Non G7 central banks don't buy Bitcoin with their foreign exchange reserves and trade surpluses

    • @wotcherfaz
      @wotcherfaz 5 місяців тому +1

      Squeezed out of colliding neutron stars. Wow.

    • @sambosok9
      @sambosok9 5 місяців тому +3

      next 5-10 years will be the best time to own gold especially gold miner, you will regret it if you are not owning gold!