McEwen Mining Inc MUX

Alternate Symbol(s): T.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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McEwen Mining Inc > I'm okay with that

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Comment by Calgary_ABon Jul 07, 2021 7:58pm

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Post# 33509956

RE:RE:I'm okay with that

current MUX share holders maintain a 68% interest in McEwen Copper...

Calgary_AB wrote: Hi YoDrop
there is a % that will be owned by MUX but they don't have that worked out yet...let's see what they do. You are correct with a costly non producing asset that draggs down the SP

YoDrop wrote:
I'm okay with MUX not taking on the HUGE task of getting a copper mine started. There would be major negatives to the current shareholders, such as dilution, politics, exploration, financing, dilution, building roads, financing, building the mine, dilution, and dilution. However the shareholders carried the cost of this for a while now. The real question is what's in it for us Rob? Don't be another Guy Bourassa.