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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

Comment by cyanide5on Jan 28, 2021 4:23pm
231 Views
Post# 32413530

RE:RE:short squeeze for sure!!

RE:RE:short squeeze for sure!!i sold 1/4 of my position today for a very small gain. sold a bit early but it really ran after that to high 1.5's (sold at 1.49). i had been waiting for a long time to do that and finally got an opportunity. 

I can redeploy this cash elsewhere. Again this could keep moving but i dont like the amount of dilution mr. mcewen has done here in last 12 months.. one after another.. 

i am done with execuses.. i dont mind holding a small position which is the case now.... a little over 2% of my portfolio allocation.. so i can maintain it here.  
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