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Bullboard - Stock Discussion Forum SSR Mining Ord Shs T.SSRM

Alternate Symbol(s):  SSRM

SSR Mining Inc. is a precious metals mining company with four producing assets located in the United States of America (USA), Turkey, Canada, and Argentina, combined with a global pipeline of development and exploration assets in the USA, Turkey, Mexico, Peru, and Canada. Its four operating assets produce more than 700,000 gold-equivalent ounces annually. The Company's gold and silver... see more

TSX:SSRM - Post Discussion

SSR Mining Ord Shs > What are they going to do with profits moving forward?
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Post by CanolaisKing on Feb 23, 2021 7:54pm

What are they going to do with profits moving forward?

It was posted here awhile back that the company will be growing their bank account substantially over the next year or so. With that money it was discussed that they could increase dividend which they just announced is starting in March or do a share buy back. Are any.of these likely or will they just keep putting money into acquiring more properties? Should the stock price not be much higher than it is right now based on fundamentals and comparisons to peers? Why does it seem there is a concerted effect to suppress the stock price? Is their a lot of stock being shorted and by who?
Comment by Hopeful123 on Feb 26, 2021 11:41pm
As an Alacer shareholder I feel we were betrayed by Atwall to merge with SSR..Our mine was very profitable and we were debt free and had great earnings. Our positive cash was very impressive and we might have gotten good chunks of cash dividend as was done in the past..This merger sucks.
Comment by FastFF on Apr 08, 2021 3:27pm
Funny - as an SSRM shareholder I felt betrayed by the merger too. A billion oz of undeveloped silver given away for nothing, and I think its a matter of time until Turkey implodes. I heted the deal and posted here to get out, shares would go nowhere. Great call. In mining, sometimes 1+1 = 1 as the merger actually cut allocation at funds. Now what? Maybe there's a bottom here and stock is sold ...more  
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