On further reading SSR mining -- SS stand for Silver Standard. It is a Gold and Silver producer with price action sensitivity to silver
We have now exposure to Silver prices which are most likely to go up as silver plays catch up and its industrial use increases as lockdowns ease. Interestingly I was liiking at good Aussie silver plays when this sudden Alacer move has now given silver exposure to a company that is derisked with gold and positive cashflow in both entities. Also because base price of AQG is going to be based of SSR share price there is functional USD hedging. To me after analysis this is actually a good deal and I am going to hold on to my AQG shares. SSR quaterly is due on the 14th March and they seem to have consistently met guidance for the last 7 years
