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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 Groesbeckon Feb 13, 2019 1:01pm
229 Views
Post# 29359003

Languishing SP until increase in production + cash flow

Languishing SP until increase in production + cash flowNo one looking strictly at the decreasing overall production figures for 2018 and the lower YOY cash flow and YOY cash position numbers will buy large share positions of this company until they see a reversal of the trend.
Once Goldbar is in production, and the company posts an actual improvement in gold production, or savy investors anticipate an impending post of such an improvement, we will start seeing movement in the SP.
Hold tight to what you have.  This is a quiet time building up strength. 
Bullboard Posts