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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
Comment by goodtoreadthison Jul 05, 2019 1:50pm
118 Views
Post# 29890269

RE:RE:RE:RE:McEwen Mining has a lot going for it

RE:RE:RE:RE:McEwen Mining has a lot going for itThe prior discussion ended with concensus of 4-6 mil shaes short which was believable. 47 mil is unbelievable BUT ACCURATE according to TDAmeritrade.  

As a market insider for 23 years, I have never seen a short squeeze actually work against shorters. They 'cover" without major harm in most instances.   This Could be the exception; but I doubt it. 

Given all the fundamentals building in a positive fashion for MUX logic tells me a squeeze will happen. Experience tells me shorters will slide out from under the gulliotine blade before the ramp up comes. Hope my experience is wrong here.  
Bullboard Posts