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Silver Standard Resources Inc SSRI

"SSR Mining Inc is a Vancouver-based mining company focused on the operation, development, exploration and acquisition of precious metal projects."


NDAQ:SSRI - Post by User

Post by dsarkon Apr 16, 2017 3:23pm
341 Views
Post# 26125699

Long time watcher, first time buyer

Long time watcher, first time buyerI've known about SSO for years but have been watching closely for months.  Fantastic net income for 2016.  2016 AISC was like $923 and I think gold averaged $1,220 for Q1, so should be very nice cash flow considering we produced 97,500-98,000 oz AuEQ.  I like that they own 10% of PVG, that's basically just a freebie for us.  We get nice exposure through SSO.  Super cheap miner trading at 1.3X BV.  Fantastic balance sheet as well.  
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