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McEwen Mining Inc MUX

Alternate Symbol(s):  T.MUX

McEwen Mining Inc. is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it owns approximately 47.7% of McEwen Copper Inc., which owns the advanced stage Los Azules copper project in Argentina. Its segments include United States, Canada, Mexico, Minera Santa Cruz (MSC) and McEwen Copper. The United States segment comprises the Gold Bar mine and its exploration properties in the State of Nevada. The Canada segment comprises the Fox Complex gold properties, which includes its Froome underground mine; the Grey Fox and Stock West advanced-stage projects; the Stock mill; a number of exploration properties located near the city of Timmins, Ontario, Canada, and the Black Fox mine, which is on care and maintenance. The Mexico segment includes the El Gallo mine and the related advanced-stage Fenix Project, both located in Sinaloa state. The MSC Segment comprises a 49% interest in the San Jose mine, located in Santa Cruz, Argentina.


NYSE:MUX - Post by User

Bullboard Posts
Post by ThurstonHowell3on Apr 17, 2015 10:51am
174 Views
Post# 23640226

would have been a great news release

would have been a great news release
However, the 8 million plus looted from mux is murdering us. If Mux was a small operation as seen on TV Yukon gold as an example. They aim for 1000 onces a season, rarely they achieve that goal. If they had 8Million $$ stolen from them. It would take them well over 10 years of mining to make that back, wipe out the whole generation. I doubt our next quater will be better, I do not think mux will be able to afford the insurance premium, or the insurance company will not cover them due to high risk. The new secuity will be an on going cost. So our next few quater will be less of what mux should have, due to my concerns. I really hope I am wrong. Good luck all, ashamed we all got looted.
Bullboard Posts