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Category: Junior: Late Stage Developer
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Sandspring Resources Ltd.
www: www.sandspringresources.com     email: info@sandspringresources.com

Profile
Notes
Forum
Your Data

Symbol Data

Symbol Currency
CVE:SSP CAD
OTCMKTS:SSPXF USD

Description

Sandspring Resources Ltd. are a gold focused junior, late stage development company with one mine in development in Guyana. They have approximately 10Moz. of gold in the reserves and resources category of which 7Moz. are in the measured and indicated category. They have a market capitalisation of ~C$38.18M which is a fall of roughly 35% over the last six months. As of 01/06/2018 they have no debt and ~C$3.9M cash. They have 133M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.

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General Details

Financial 01/06/2018
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Mkt. Cap (FD): $58.85M $38.18M 01/06/2018 $-20.67M
Total Assets: $22.01M $21.27M 01/06/2018 $-0.74M
Total Liabilities: $15.63M $15.11M 01/06/2018 $-0.52M
Current Assets: $4.03M $3.90M 01/06/2018 $-0.13M
Current Liabilities: $1.98M $1.91M 01/06/2018 $-0.07M
Total Debt: $0.00M $0.00M 01/06/2018 $0.00M
Cash: $4.03M $3.90M 01/06/2018 $-0.13M
Enterprise Value: $54.82M $34.28M 02/01/1971 $-20.53M
Cash Flow: $0.00M $0.00M never $0.00M
Cash Flow Multiple: 0.00 0.00 never 0.00
Net Debt to
Cash Flow Ratio:
n/a n/a never 0.00
Finance within 1 year: 01/06/2018 n/a
Tax Rate: (guess)  38.00% (CG)  38.00% 01/06/2018 0.00%
Misc 01/06/2018
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 133,000,000 133,000,000 01/06/2018 0
Shares (FD): 200,000,000 200,000,000 01/06/2018 0
Insider Ownership: n/a 15% 01/06/2018 15%
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a 01/01/2021 01/06/2018 n/a
Production (Gold Eq Oz.): (guess) 
0
(guess) 
0
01/06/2018 0
Production (Silver Eq Oz.): (guess) 
0
(guess) 
0
01/06/2018 0
Initial CapEx (Outstanding): $500.00M
849.66% of Mkt.Cap
$500.00M
1309.59% of Mkt.Cap
01/06/2018 $0.00M
Funding Option: n/a n/a 01/06/2018 n/a
Documentation: none PFS 01/06/2018 n/a
Value Adjustment: none none never 0%

Resource Data

GOLD 01/06/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: 4.00M 4.00M 01/06/2018 0.00M
Measured & Indicated: 7.00M 7.00M 01/06/2018 0.00M
Inferred: 3.00M 3.00M 01/06/2018 0.00M
Reserves & Resources: 10.00M 10.00M never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: 3.40M 3.40M 01/06/2018 0.00M
Measured & Indicated: 5.44M 5.44M 01/06/2018 0.00M
Inferred: 1.28M 1.28M 01/06/2018 0.00M
Reserves & Resources: 6.72M 6.72M never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 01/06/2018 $0.00
Extra Operating Cost: n/a n/a 01/06/2018 $0.00
Average Grade: 1.00 g/t 1.00 g/t 01/06/2018 n/a
Recovery Rate: (CG)  85.00% (CG)  85.00% 01/06/2018 0.00%
F
U
T
U
R
E
Proven & Probable: 7.00M 7.00M 01/06/2018 0.00M
Annual Production: 225,000oz. 225,000oz. 01/06/2018 0oz.
Cash Cost: $750 $750 01/06/2018 $0
Extra Operating Cost: $400 $400 01/06/2018 $0
SILVER 01/06/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 01/06/2018 0.00M
Measured & Indicated: n/a n/a 01/06/2018 0.00M
Inferred: n/a n/a 01/06/2018 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 01/06/2018 0.00M
Measured & Indicated: n/a n/a 01/06/2018 0.00M
Inferred: n/a n/a 01/06/2018 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 01/06/2018 $0.00
Extra Operating Cost: n/a n/a 01/06/2018 $0.00
Average Grade: n/a n/a 01/06/2018 n/a
Recovery Rate: n/a n/a 01/06/2018 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 01/06/2018 0.00M
Annual Production: n/a n/a 01/06/2018 n/a
Cash Cost: n/a n/a 01/06/2018 n/a
Extra Operating Cost: n/a n/a 01/06/2018 n/a

Property

Last Analysis Data  (01/06/2018)
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Development Guyana Toroparu 100% 60,000 Open Pit show
pre-feasibility study was out in 2013. After they complete permitting they can do financing. 10 million oz open pit deposit.
Total Land Package Size (ha): 60,000  
Current Data
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Development Guyana Toroparu 100% 60,000 Open Pit show
pre-feasibility study was out in 2013. After they complete permitting they can do financing. 10 million oz open pit deposit.
Total Land Package Size (ha): 60,000  

Profitability (by resource)

Proven &
Probable
01/06/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 4.00M 4.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 4.51M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 3.40M 3.40M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 3.83M
Maximum Profit (Gold): $355.62M $236.94M n/a $-118.68M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $355.62M $236.94M n/a $-118.68M
Max Profit / Current MCap: 6.043 6.206 n/a 0.163
Max Profit Per Share (Gold): $1.78 $1.18 n/a $-0.59
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $1.78 $1.18 n/a $-0.59
Total Free Profit Per Share: $1.41 $0.94 n/a $-0.47
FD Mkt. Cap / Gold Eq.: $17.31 $11.23 n/a $-6.08
FD Mkt. Cap / Silver Eq.: $0.23 $0.14 n/a $-0.08
FD Mkt. Cap / Per Metal
as % Spot Price:
1.31% 0.89% n/a -0.42%
Measured &
Indicated
01/06/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 7.00M 7.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 7.89M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 5.44M 5.44M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 6.13M
Maximum Profit (Gold): $568.99M $379.10M n/a $-189.89M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $568.99M $379.10M n/a $-189.89M
Max Profit / Current MCap: 9.669 9.929 n/a 0.260
Max Profit Per Share (Gold): $2.84 $1.90 n/a $-0.95
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $2.84 $1.90 n/a $-0.95
Total Free Profit Per Share: $2.48 $1.65 n/a $-0.83
FD Mkt. Cap / Gold Eq.: $10.82 $7.02 n/a $-3.80
FD Mkt. Cap / Silver Eq.: $0.14 $0.09 n/a $-0.05
FD Mkt. Cap / Per Metal
as % Spot Price:
0.82% 0.56% n/a -0.26%

Reserves &
Resources
01/06/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 10.00M 10.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 11.27M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 6.72M 6.72M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 7.57M
Maximum Profit (Gold): $702.35M $467.95M n/a $-234.39M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $702.35M $467.95M n/a $-234.39M
Max Profit / Current MCap: 11.935 12.257 n/a 0.321
Max Profit Per Share (Gold): $3.51 $2.34 n/a $-1.17
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $3.51 $2.34 n/a $-1.17
Total Free Profit Per Share: $3.15 $2.09 n/a $-1.05
FD Mkt. Cap / Gold Eq.: $8.76 $5.69 n/a $-3.08
FD Mkt. Cap / Silver Eq.: $0.11 $0.07 n/a $-0.04
FD Mkt. Cap / Per Metal
as % Spot Price:
0.66% 0.45% n/a -0.21%

Future Valuation (Cash Flow & Totals)

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