Sandstorm Gold (NYSE:SAND) Turkish gold projects more attractive over time

Turkish gold projects more attractive over time

Sandstorm Gold recently acquired a Turkish asset that will double gold equivalent ounces for the company.

https://steemit.com/money/@peaceloveliberty/sandstorm-gold-sand-closes-mariana-deal

This project is low cost but has the added bonus of Turkish Lira devaluation.

Their partner is a Turkish Mining company, Lidya Madencilik, with management recognized with multiple rewards from the government. Government recognition is key when operating outside of the western world.

Lidya has several other projects across Turkey that could open some royalty doors to Sandstorm, should the present partnership prove successful.

There is some political risk.

The Turks have been intervening in the Kurdish regions of Iraq and Syria which may trigger conflict escalation. I'm not an expert in the mess that is the middle east, so I won't comment further.