I am selling tranche #1 of Sandstorm Gold Royalties (SAND) for a 5% profit. I am raising cash in anticipation of future opportunities. I am also a little wary of Sandstorm’s exposure to Turkey regarding its Hod Maden asset. I believe Turkey will be hard hit in this crisis and there will be unpredictable consequences.
Sold tranche #1 at $6.19 (USD).