McEwen Mining Inc MUX

Alternate Symbol(s): T.MUX

Metals & Mining Gold

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.

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McEwen Mining Inc

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Comment by Goldwillrun2020on Feb 19, 2020 6:32am

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Post# 30706741

RE:i have been adding in low 1.5's

cyanide5 wrote: I have been adding in low 1.5's for last month or so.. dipped into with a decent position now. MUX has taken a big hit over last 18 months in a rising gold price. With silver moving now as well and MUX producing 3 Million ounces, this will have a real impact on AISC especially if silver goes above 20 dollars.

Furthermore, all the bad news seems to be baked in now and grey fox and black fox complex is producing some really good drill results. If they can increase the size of the deposit there which i am sure has a great chance then this should pay off in dividends esp if gold continues it march.

This is easily a 3 dollar stock when turn around story starts to take hold and those gold/silver margins make an impact on top line.

Good luck and fingers crossed!