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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 oxinoson Oct 01, 2019 8:27am
250 Views
Post# 30181115

RE:News this morning

RE:News this morningNow that we are calmer after yesterday's massive sell-off its time to reevaluate yesterday's news release and what the prospects are for McEwen mining. Remember that the news release said that not much was known about the Stock Property till this exploration program. Now they have  made it their priority exploration target. Also by year end they will be able to report a resource for this property. Have investors thrown the baby with the bath water? Something to think about especially since so many shorters have much to gain by lowering the price so drastically. 
Bullboard Posts