Sandstorm Gold Warrants
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I wanted to ask for any advise or insight with my Sandstorm Warrants. I am an American and have the Warrants but was thinking of selling them and buying the stock (SNDXF) which I don’t have any. I was just wondering which is better or if its going to make any difference as I really can’t afford to loose much with this. Thanks for any comments!
Hi David. I personally own both stock and warrants in Sandstorm Gold, in what is now (at current prices) roughly equal portions. I can’t answer questions about personal investment choices or the risks that your portfolio can handle, but I would urge anyone choosing between a stock and a derivative (like a warrant or option) to consider the greater risk and volatility that warrants and options typically carry over common stock — the price moves faster in either direction, and the risk of a total loss is usually higher with warrants than with stocks, and there is less trading liquidity so it can sometimes be harder to sell a warrant in a hurry.