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McEwen Mining Inc MUX

Alternate Symbol(s):  T.MUX

McEwen Mining Inc. is a gold and silver producer. It owns over 48% of McEwen Copper Inc., which owns the Los Azules copper project in Argentina. Its segments include Canada, United States, Mexico, Minera Santa Cruz S.A. (MSC) and McEwen Copper. The United States segment includes the Gold Bar mine and its exploration properties in the State of Nevada. Canada segment includes the Fox Complex gold properties, including its Froome underground mine; the Stock Project; the Stock mill; the Grey Fox exploration project; a number of exploration properties located near the city of Timmins, Ontario, Canada, and the Black Fox mine. Mexico segment includes the El Gallo mine and the related advanced-stage Fenix Project, located in Sinaloa state. MSC Segment includes 49% interest in the San Jose mine, located in Santa Cruz, Argentina. Its Eureka project includes the Lookout Mountain Property and the historical Lookout Mountain and Windfall Mines in a total property position of over 28 square miles.


NYSE:MUX - Post by User

Bullboard Posts
Post by nopoo2on Nov 23, 2014 10:24am
362 Views
Post# 23156058

Golden Dragons Grand Strategy

Golden Dragons Grand Strategy

Zheng Bijian, a leading Chinese intellectual and reformer said: “The most important strategic choice the Chinese made was to embrace globalization.”

China has made a new most important strategic choice – Asian Regionalization.

In the past few years, both Chinese and foreign analysts began to reach the conclusion that China has developed a fairly consistent and coherent grand strategy… Because economic development is taken as the only way for tackling all the pressing challenges that China is facing and will face, China’s grand strategy must serve the central purpose of development. Therefore, the central objective of China’s Grand Strategy in the past two decades (which may well last to 2050) can be captured in just one sentence: to secure and shape a conducive environment (security, economic, and political) so that China can concentrate on its development (economic, social, and political).” Tang Shiping and Zhang Yunling, China’s Regional Strategy

Today, trade with the United States, the European Union and the rest of the West is not the priority it use to be for China. Today the SCO (aka the Asian NATO), chaired by Russia and driven by China, has been ramping up its attention towards expansion and economic cooperation among its members.

That little nugget of information is going to have huge consequences for gold’s price. Let me explain.

https://aheadoftheherd.com/Newsletter/2014/Golden-Dragons-Grand-Strategy.htm

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nopoo
Bullboard Posts