gang - thanks for the tip. Watson sure sounds like he knows what he is doing. Streaming other commodities seems like a natural fit for the market place, especially with something like coal. From what he says, he is not having any problem with equity financing for his projects. Looking at SLW as a model I don't see why he should. In my view these streaming companies are a toll bridge that mines need to cross in order to get up and running, and provide a backbone (or floor) to their pricing that adds considerable stability to their operations. They need Sandstorm.