SSR Mining – Some More Insights On The SilverCrest Investment
I have been bringing SSR Mining (TSX & NASDAQ : SSRM) on to the show over the past few months because I think they are a great example of a mid-tier who is generating good cash flow numbers and building cash in the bank. After my last interview I received a number of emails asking for more color on the recent investment in SilverCrest Metals.
In this interview I have David Wiens, Director of Corporate Finance and Brian Martin, Director of Business Development on to discuss this investment. We also use this investment to discuss the trend of larger companies taking equity stakes in exploration companies rather than flat our buying them.
If you have any follow up questions for the guys at SSR please email me at Fleck@kereport.com.
After my initial interview with David Wiens, SSR Mining Director of Corporate Finance there were a few questions that came in asking for some more light on potential M&A activity. David shares some insights on what the Company is looking for in terms of projects. We also discuss the cash position of almost $500 million and the balance between using this cash for acquisitions vs. advancing projects in their portfolio.
As always please send me any follow up questions at Fleck@kereport.com.
SSR Mining – Overview of Production and Exploration Results and Guidance
SSR Mining (TSX & NASDAQ : SSRM) has been a standout company in terms of meeting and exceeding production guidance. The stock has preformed very well this year on the back of these solid numbers. David Wiens, Director of Corporate Finance joined me for a overview of the Company. We discuss how the Company continues to grow production and keep costs low. On top of that exploration work has been very successful at replacing the ounces mined with new ounces around exiting deposits.
I wanted to bring David on for this general overview and to get all of your thoughts. Please comment or email me (Fleck@kereport.com) with any insights or questions you would like us to follow up on.