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Bullboard - Stock Discussion Forum 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... see more

NYSE:MUX - Post Discussion

McEwen Mining Inc > b.riley fbr , report
View:
Post by gisellekronk on May 29, 2020 3:40pm

b.riley fbr , report

adam ,graf cfa , an anylyst at , b riley fbr raised the target price on mux up to $ 4 .oo . has anyone seen the report ? can you post high lights and reasons for the $ 4.00 price target ?. thank you .
Comment by kevoy on May 29, 2020 5:16pm
9/10/19 B. Riley FBR starts McEwen Mining with Buy rating, $4.20 price target B. Riley FBR analyst Adam Graf earlier today initiated coverage of McEwen Mining with a Buy rating and $4.20 price target. The stock in early trading is up 1c to $1.82. The shares offer a small-cap vehicle with leverage to gold, a growth story at current gold prices, potential exploration upside and mine life extension ...more  
Comment by gisellekronk on May 29, 2020 5:40pm
thanks for that , kevoy , but the report i saw was dated may 2020 , and he upped the price from his previous $3.70 to $ 4.00 . it was interesting to see from the 9/10/19 report you showed , how he is sticking to the same ball park . odds are good it will be $ 4 .00 , but only after the 5 for 1 share consolidation . 
Comment by Drifter243 on May 29, 2020 6:51pm
Rob has been pretty clear that there will be other options taken before a reserve split. The last time there was a NYSE listing notice Rob started up a dividend
Comment by cyanide5 on May 30, 2020 12:30pm
I dont know what B Riley has been smoking or drinking but I also need some of that. If MUx goes to anywhere near 4 dollars I will be doing cartwheels and laughing to the bank. I really hope it can recover. At this point I am willing to take a double from here and be really happy. I dont know if its coming or how long will it take. But as gold and silver gains steam you cant just rule out any price ...more  
Comment by rarihokwats on May 31, 2020 3:49pm
Price is 50 % lower than the date he predicted that.Needed a double then and a quadruple now.. But I took a gamble and bought some at 92 cents. I'll be  mighty happy with 2 dollar. GLTA
Comment by speculator on Jun 04, 2020 2:25pm
gisellekronk - I am sorry, but this report is bogus. Are we talking about MUX??? May be you confused it with another company. Sorry, I wish you were right,
Comment by gisellekronk on Jun 04, 2020 8:40pm
speculator , here is what was printed on the t.d. waterhouse , mux page ...." "--Analyst Actions: B. Riley Lifts McEwen Mining's Price Target to $4 From $3.70, Keeps Buy Rating 12:14PM ET on Thursday May 28, 2020 by MT Newswires   "    
Comment by Hopeful123 on Jun 05, 2020 1:28pm
Get rid of RM and we go higher..he is a great loser.. only there to bulls....shareholders..Worst CEO in mining I have met..
Comment by Drifter243 on Jun 05, 2020 5:16pm
He is the only mining CEO I know of that owns 20% of the company. He stands to lose a ton more than anyone on this board. He has stated many time in various interviews that he is under water on his investment. Obviously he wants a higher share price more than all of us. I have faith in Rob. He just bought 4 million more shares and has plenty of experience. He also just cleaned house. The former ...more  
Comment by gisellekronk on Jun 06, 2020 7:29am
yup , those are all the reasons why i bought and am staying in 
Comment by cyanide5 on Jun 09, 2020 10:24am
What's your source that Mr. McEwen bought 4 million shares? 
Comment by speculator on Jun 09, 2020 10:56am
cyanide5   I talked to the company. It was 2 million shares McEwen bought.
Comment by Drifter243 on Jun 09, 2020 1:57pm
If you look at my previous posted I linked the file from sedar. He bought 4 million shares through his Ontario holding company
Comment by Drifter243 on Jun 09, 2020 5:16pm
Slight correction to my post. From my understanding of the filing, he bought 2 million with his company (indirect ownership) and 2 million personally (direct). But for all intents and purposes Rob bought 4 million
Comment by lsjblade on Jun 11, 2020 3:41pm
I for one will hold this . wont loose 99 million $ ( on paper) every quarter. second quarter will start to show a profit.. third will be better, and 4 also.. we have exposure to tons of silver also... they might even sell the Nevada mine . all good from here. I think the rm is soo dam n shure about the co making a ton of maney, that he comes across as non chalante... .this could go to 4 $ in a ...more  
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