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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 Co2Harveston Mar 19, 2020 7:08pm
328 Views
Post# 30828540

RE:Mux

RE:MuxHats off to Mr. McEwen for not mincing words about his feelings on last year's results. And since much of that is apparently from poor operational results, it makes sense that they let the COO go. I have a lot of respect for Mr. McEwen after reading the transcript from the conference call: https://www.fool.com/earnings/call-transcripts/2020/03/17/mcewen-mining-inc-mux-q4-2019-earnings-call-transc.aspx.
arh0070 wrote: Poor results from Mux ,presidents head has rolled this morning .Stock results over the long term has been terrible .It will take a long time to recover ,not clear that they have a profitable mine to operate other than the half share of one in Argentina operated by Hothchild .I sold out my remaining position and took the loss time to move on ,lots of better companies which have better prospects and very cheap also .I had belief that McEwen could replicate his success at Goldcorp ,but this has not proven to be the case .Rob is more a finance/operations  guy rather than a geologist who recognizes opportunities and this I think has proven fatal at MUX.Its a tough business .I wish MUX well but I have been very patient as a long term holder ,just simply time to move on to soemthing else which will recoup the losses in MUX .  Still an idiot booster club person posting which is always a bad indicator.


Bullboard Posts