SSR - SSR Mining

[pixel]

Last week, I'd set an alert for $2.30 resistance to break and become new support.
And break it did on Friday, but failed the second test.

I'm keeping it on my watch list, but it may yet close the gap to $2.20.

 

[Miner]

Hi Pixel
do you have any latest trend line under your radar for this one ?
Looking into their AISC and progress of the project with gold pour in next few months, it could be real eye opener. Holding it and planning to get into again.
Thought to ask you how the charts looking.

Cheers

 

[Porper]

Hi Pixel
do you have any latest trend line under your radar for this one ?
Looking into their AISC and progress of the project with gold pour in next few months, it could be real eye opener. Holding it and planning to get into again.
Thought to ask you how the charts looking.

Cheers

Interesting chart. Firstly, the weekly chart shows a large basing pattern which has been forming since 2013. Positive longer term though the upper boundary would need to be overcome to trigger a strong leg up.

Daily chart shows a falling wedge/Ending diagonal triangle which are strong reversal patterns. Initial target is the origin of the pattern around $2.40.

The problem with this stock is it continues to flatter only to deceive!! Maybe this time will be different.

Disclosure: I hold.

 

[Miner]

Interesting chart. Firstly, the weekly chart shows a large basing pattern which has been forming since 2013. Positive longer term though the upper boundary would need to be overcome to trigger a strong leg up.

Daily chart shows a falling wedge/Ending diagonal triangle which are strong reversal patterns. Initial target is the origin of the pattern around $2.40.

The problem with this stock is it continues to flatter only to deceive!! Maybe this time will be different.

Disclosure: I hold.View attachment 86921 View attachment 86922

Thanks Porper. Yes I do have some holding as well and looking for increasing it.

 

[pixel]

On the Daily, I see a symmetric triangle around $2.64. If that level becomes support, we could see $2.80+ revisited; but as Porper said, AOG has a habit of surprising us. Disappoint us, I might add.

My weekly chart looks even less optimistic with strong historic resistance around $2.80. The gap to $3 can become "attractive", but the timeframe is in doubt. I don't think I'm that patient anymore.

 

[pixel]

Oops! "Should've gone to Specsavers."
AQG is a wee bit different from AOG. sorree

AQG is in a lengthy consolidation phase and may just as likely drop to the bottom of the box as rise back up. Since my last checkup, I hasn't gone anywhere fast, so I haven't been following it.

 

[Porper]

Interesting chart. Firstly, the weekly chart shows a large basing pattern which has been forming since 2013. Positive longer term though the upper boundary would need to be overcome to trigger a strong leg up.

Daily chart shows a falling wedge/Ending diagonal triangle which are strong reversal patterns. Initial target is the origin of the pattern around $2.40.

The problem with this stock is it continues to flatter only to deceive!! Maybe this time will be different.

Disclosure: I hold.View attachment 86921 View attachment 86922

Nothing changes although the patterns look more bullish than a few weeks ago.

Initial target achieved and even exceeded. Broken through resistance in an impulsive move (bullish), and now looking to retest the breakout area. I will be looking for buyers in the target area as shown. Next target is the upper boundary of a large basing pattern on the weekly chart around $4.00.

Just been stopped out of my trade but looking to re-enter.

 

[Miner]

Today's announcement - positive.

 

[JTLP]

They’re on the move again and are a really low cost player. I can’t understand why a big boy hasn’t wanted to snatch them up; maybe the whole Turkey thing is a little off putting.

 

[Miner]

The holders of AQG - are you getting any note for the dividends and Canadian tax for your holdings?
Until today 9 July 19, I did not realise the dividends are paid in Canada for an ASX listed company.
Cheers

 

[myrtie100]

Hi Miner, I have this one and yes, there is a special tax form to complete regarding any dividends they might pay. It was sent to me by the share registry.

 

[Miner]

Hi Miner, I have this one and yes, there is a special tax form to complete regarding any dividends they might pay. It was sent to me by the share registry.

Thanks @myrtie100
But there was no dividend announcement yet.
Do you know if the holders to lodge tax return in Canada as well?
I have had the cumbersome experience in lodging returns with IRS in USA and Canada . It is cumbersome. Just checking before selling the shares instead. The benefits of 15%tax advantage could be eaten by the cost of lodging and dealing with $200 ph accountant fee.
What's your experience on this

 

[myrtie100]

@Miner I haven't received any payments from them, do they even pay divies?
The form I filled in, from memory was to declare you are an Australian and will pay tax here in Aus. I'd contact the registry and make sure you have completed that tax form.

 

[Miner]

@Miner I haven't received any payments from them, do they even pay divies?
The form I filled in, from memory was to declare you are an Australian and will pay tax here in Aus. I'd contact the registry and make sure you have completed that tax form.

Thanks mate. I heard you.

 

[JTLP]

The holders of AQG - are you getting any note for the dividends and Canadian tax for your holdings?
Until today 9 July 19, I did not realise the dividends are paid in Canada for an ASX listed company.
Cheers

Have not received any forms but from memory it’s all hooked up by computer share anyway?

 

[JTLP]

These guys seem to be flush with cash and growing in the right direction, and I’m finally in the green (that merger was never great).

Why can’t they seem to fire with how well they perform? Is it the Turkish risk or tying to the USD?

 

[JTLP]

Trading Halt. Significant M&A. Hopefully it’s someone offering up some decent coin for Alacer and not like the last time we had an ill fated “merger of equals”.

 

[JTLP]

Trading Halt. Significant M&A. Hopefully it’s someone offering up some decent coin for Alacer and not like the last time we had an ill fated “merger of equals”.

Scratch that. Would have said takeover in that case I presume. Sigh.

 

[JTLP]

Saw this: https://www.alacergold.com/docs/def...5-11-ssr-asr-moe-for-sedar-final.pdf?sfvrsn=2

At $8.19 CAD per share, it’s basically at fair value now? Not sure why they’re doing this. Not a fan (even if they say it’s for diversification).

 

[JTLP]

Just as suspected...mr market didn’t the announcement. It’s pretty crap TBH and to me it still makes no sense.