sandstorm

Some interesting thoughts on Mutiny and Sandstorm:

"It is becoming more obvious that Sandstorm Gold has surrounded itself with many streaming partners that are in precarious financial situations. We feel this is the real crux of the matter with regards to Sandstorm's long-term viability. We think this eventually affects Sandstorm to a significant extent, as the reality sets in that a significant portion of its overall business model (streaming cash flows) may not be viable in the next 12-18 months.

Mutiny Gold Limited, The streaming contract has been cancelled indefinitely per Denver Harris, VP of capital markets at Sandstorm Gold due to funding issues. Although there has not been a public press release from Sandstorm Gold, Denver Harris notified us via email further developments pertaining to some of the issues surrounding Mutiny.

"The gold stream that Sandstorm completed with Mutiny back in December 2012 was contingent on Mutiny raising additional debt financing by June 2013. Mutiny was unable to put the debt package together and therefore Sandstorm is not obligated to move forward with the stream and at present, Mutiny does not have the capital necessary to advance the Deflector project."

http://seekingalpha.com/article/1561152-sandstorm-gold-an-uphill-battle?source=google_news