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McEwen Mining Inc T.MUX


Primary Symbol: 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 Tikinaganon May 09, 2024 12:48pm
200 Views
Post# 36031499

RE:RE:RE:re Mux l really think this stock will go up Bigtime?

RE:RE:RE:re Mux l really think this stock will go up Bigtime?RM spoke to this during the podcast, noting that much of the loss was in the accounting; insomuch as money MUX put into Los Azules counted towards the loss. He said that, to his mind, Q1 was a good quarter. In additon, he expects the grades and costs at Fox to improve over the next few quarters. I heard him eating crow often enough during the last few years when disaster struck to believe him when he speaks positively now. I bought some yesterday and did something I don't usually do when a stock tanks and bought more today, to lower my basis. Maybe I'm wrong, but as was mentioned, the findings are all there. 
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