SSR Mining (SSRM) is in the midst of a disaster. Their stock tumbled more than 60% after experiencing a landslide at their cash cow Copler Mine in Turkey.
In this video, I go over what happened, the extent of the damage, the risks that SSRM faces, as well as the potential reward that could come from this.
This is a tragedy any way you look at it. With that said, it’s our job as investors to look objectively analyze a company to determine if the risk/reward is weighted in our favor.
Disclaimer: As of the releasing of this video, I own shares in the company as a speculation. I may sell those shares for a profit or buy more shares at any time. Never make any investment decisions based on my videos. This sector is very risky and this should not be considered investment advice. It’s my opinion that SSR Mining faces an enormous amount of risks as of the release of this video. Always do a lot of your own research before investing your hard earned money.
#miningstocks #ssrmining #ssrm
[ad_2]
source
