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Bullboard - Stock Discussion Forum 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 Discussion

Silver Standard Resources Inc > NEWS- Silver Standard receives Notice of Reassessment
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Post by 1option1 on Jan 28, 2015 6:18am

NEWS- Silver Standard receives Notice of Reassessment

  • Silver Standard receives Notice of Reassessment

    VANCOUVER, Jan. 27, 2015 /CNW/ - Silver Standard Resources Inc. (NASDAQ: SSRI) (TSX: SSO) ("Silver Standard" or the "Company") advises that it received today a Notice of Reassessment in the aggregate amount of approximately $41.4 million from the Canada Revenue Agency ("CRA") related to the tax treatment of the 2010 sale of shares of its subsidiary that owned and operated the Snowfield and Brucejack projects. The CRA has asserted the transactionRead More

Comment by 7Twiggy on Jan 28, 2015 9:07am
You never like to see these things, however, might lead to a good buying opportunity. I am sure they will have the best legal talent working on the case, so who knows which way the results will go. In the long run I am of the opinion that this one has a long way to run particularly if we get a head wind with silver and gold. Take a look at their 2015 presentation on their website.
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