RE:Comparing VGCX to SSRMIt fell 80% it was on a bit of a downtrend from $20 to $14 and then the landslide occured. If it hadnt happened, SSR would have shot up much higher than 20 as the gold price rose from 2100 to 2400 after the landslide. . I know because I lost about 15k on that one. And same thing. Leach pad gave way. 6 months now they are still cleaning up with no indication if it will reopen. But at least SSR has 3 other producing mines. So thats why its still selling for $6. (At these gold prices)
I only lost 6k on vgcx. But what else do they have that produces revenue? This is going to zero.