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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 rockinladyon Apr 29, 2018 8:51pm
428 Views
Post# 27956661

Potential Money Maker

Potential Money Maker
Excuse my intrusion on this bullboard. I read this rather lengthly, but interesting post below with mention of Rob M and his outstanding awards and mine-making on another board. I thought I should repost it here to see what you all think of it; and hope Rob M might read this info, too. The Company discussed there (Bard Ventures Ltd.) appears relatively unknown and appears to be in possession of a world class property with easy access and infrastructure close at hand. I was quite amazed and sense the postee on that other bullboard is quite disgrunted by Bard's more recent performance. It appears management has remained crouching in the weeds in fear of a cheap buyoutvulnerability which appears in their own making. Their shares are stuck at 4.5 cents! Amazing drill intercepts near half a mile vertical have been drilled on their Lone Pine propertysilver, gold, copper, molybdenum and rhenium are the main metals. A few other interesting posts on the board encapsulate the quality of the properties ore zones (see post: MOLY PRICE RISING $15.19). Could be a cheap buyout opportunity for McEwen Mining before somebody else does it and a great opportunity for all of us to make some more money. woops....with paragraphs All you supporters of the Lone Pine out there: I don't know if you have witnessed some of the peculiar events that have gone on with Bard and the Lone Pine property in the past, but I believe if you have you will understand the property is distinct in its upward potential and apparent downward machinations. As for Bard, it's just one of the ilk. It could be one of the outstanding companies with a world class property. The potential is there: the Transcanada highway a kilometer from the orebodies, hydroline, gasline, water, about a half-hour drive by highway from two towns who invite mining in with open arms, one molybdenum/rhenium/silver ore body of 163 million tons with PEA and another nearby silver/gold/copper/molybdenum/rhenium orebody partially drilled out. And no government, tax payers' money required. There you have it, everything, but in my estimation very poor and at times nonexistent management. Now, with the molybdenum price rising and over $11.00 per pound US, and forecasts for increasing demand in the future, the company has an opportunity to develope this great asset and prove itself. It will never again find such a great property and Bard and its predecessor incarnations were nothing before it optioned this property. The Lone Pine has faced vehement headwinds, some intentional, some inadvertent and very rare support, but like they say, you can't keep a good property down. As metal prices rise, the Lone Pine will rise to the fore, leaving the sluggards behind. And leaving behind, too, those who have done all they could to hold it back. In the end, they will lose. It's just the way of the universe and orebodies. Years ago Bard was pulling some spectacular grades from the ground and the shares took off; then, in one day more than 9 million shares were traded, driving the shares, which were well over 40 cents down to pennies. This was the greatest number of shares traded for a company on the venture exchange on that day and apparently there were many to dump. That pretty well crippled the Lone Pine at an important point in the property's development. I wonder where the majority of those shares came from? The dump definitely did not support the property. And this was just the beginning of many oddities involving this world-class resource. Similar property impairment has gone on for a long time, with many examples in the history of the Lone Pine property.
Bullboard Posts