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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 Tikinaganon May 20, 2020 11:12am
428 Views
Post# 31051387

too spread out?

too spread out?Owning these shares has certainly been a trial to shareholders but I am beginning to wonder if the company has too much on the go. Thinking about the US where lots of time and money resulted in a weak producing mine, and Argentina; can they even get money out of there? They have other Canadian properties in Timmins (all the old Lexam sites) and it seems clear that The Fox mines are going to be the big producers for years to come. Could they unload some of the properties in the face of the rising POG and focus on fewer bigger producers?
Bullboard Posts