McEwen Mining Inc MUX

Alternate Symbol(s): T.MUX

Metals & Mining Industrial Metals & Minerals

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

McEwen Mining Inc

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Comment by saudialbertaon Aug 12, 2020 12:25pm

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Post# 31398513

RE:RE:Anyone have the latest Short report numbers?

The Shorts as of July 31 went up to 54M shares. That is an incredible number considering 402 total.

Whomever has that position must be expecting to see MUX go back to below $1 to make the risk worth while. I don't get it with the rising gold and silver price.

This is a short trap that will have to be unwound at some point, kind of like the 100s of millions of silver oz short on the COMEX.

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