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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 > Give it a month
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Post by 7Twiggy on Mar 11, 2016 10:39am

Give it a month

Time to realize that this deal was not put together by a bunch of dummies. I am sure they have done the analysis re who holds what amount of shares to ensure the deal goes forward. Both sides had to have recognized the long term value of the deal. I don't like the drop in SOO, but have been invested long enough to know it will be short term. If you are confident in your peers doubling sell SSO and CRJ and invest in them. A lot of gold stocks have had great moves and I think may be due for a small correction before moving up. IMO the knee jerk drop has made both SOO and CRJ a great buy and I have been adding CRJ as I it continues to be a better deal when translated in to .185 SSO shares.
Comment by ch08532 on Mar 11, 2016 12:37pm
I recommend shareholders to listen to the webcast describing the details of the acquisition.  SSO management mentioned that DD started in Q3 of last year and involved plenty of site visits and thorough analysis of geological data.  It is safe to say these guys did their homework before pulling the trigger on this deal. Second, Brian Skanderbeg alluded that there were ...more  
Comment by bodiggity on Mar 11, 2016 1:15pm
I listened as well and agree completely,  A bidding war would have had CRJ go substantially higher.  This was great work by the management team of SSO.   First of many previous metal buy outs in this sector.