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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 Inohnuttinon Mar 02, 2022 9:20am
280 Views
Post# 34474395

RE:Rob McEwen

RE:Rob McEwenI don't know how long you folks have followed Rob McEwan or US Gold Corp (McEwan Mining) . . . So let me explain . . . Rob is a "long gold bug" that believes gold will climb to $5000/ounce one day. I seem to recall an interview or article where he said that once.  20years ago, these mines here wouldn't have been possible because of the AISC that we have. They ARE possible because gold has been over $1600 for a long while now. Granted that costs of doing business have also gone up, but if gold prices hold above $2k and if the expansion at Fox works out, I for one will be glad just so I don't have to listen to you negative nellies whine anymore. So take this all as an opportunity to buy. That is my opinion.

Inohnutttin
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