Trend Table for SAND - Sandstorm Gold Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 31	D	Strong	Down	Down	Up	9.78%
May 30	D	Strong	Down	Down	Down	14.49%
May 26	D	Strong	Down	Down	Down	14.94%
May 25	D	Strong	Down	Down	Down	15.84%
May 24	D	Strong	Down	Down	Down	14.71%
May 23	F	Strong	Down	Down	Down	11.66%
May 22	F	Strong	Down	Down	Down	10.60%
May 19	F	Weak or Absent	Down	Down	Down	11.23%
May 18	F	Weak or Absent	Down	Down	Down	12.51%
May 17	D	Weak or Absent	Down	Down	Down	9.57%