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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 OntarioDaveon Feb 02, 2015 12:30am
378 Views
Post# 23387317

Can't go wrong with MUX

Can't go wrong with MUXI bought at $1.46 and bought a good sized position.  I'm excited and from making past profits with Rob McEwen at the helm, it's not a matter of "if" but "when"?  

Gold bottomed in November.  The time to reap reward is now.  MUX is going to have an explosive start with a low cost structure environment coupled with the synergy of higher gold prices.  

If these conditions should occur this one could double in current market value quite easily.  Lots of good fundamentals here.  With high inside ownership and alignement with share holders don't be surprised to see this really rally on the recover in gold prices.
Bullboard Posts