McEwen Mining Inc T.MUX

Primary Symbol: 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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Comment by Calgary_ABon Mar 19, 2021 12:14pm

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Post# 32838327

RE:RE:RE:RE:Rumor

Yes the copper deposit has an NPV of 5 billion
read here: https://www.mcewenmining.com/investor-relations/press-releases/press-release-details/2021/MCEWEN-MINING-2021-Outlook-and-2020-Year-End-and-Q4-Results/default.aspx

MUX in my opinion is way undervalued and rightly so, they had a couple of terrible years underperforming therefore = undervalued...but things will turn around and people that own sharess at current price will benefit the most...

If you believe MUX goes out of business then don't buy it but if you believe they stay in business then it's a dirt cheap stock to get in...even the juniors that do not produce anything yet are more expensive than MUX