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Bullboard - Stock Discussion Forum 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... see more

NYSE:MUX - Post Discussion

McEwen Mining Inc > Doing very well today Shorts are slowly moving out
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Post by steamfitter on Feb 01, 2021 1:51pm

Doing very well today Shorts are slowly moving out

I think you will see another increase in price tomorrow as more people will be called to pony up their short position.
Comment by SilverKing on Feb 01, 2021 3:32pm
I don't see any decrease in shorts.?Do you have level 2? I was going by Shortsqueeze.com. but maybe it takes 24 ,hrs to reflect change? I was considering the last 3 trading days as speculators taking positions in hopes WSBs switches to Silver?
Comment by Calgary_AB on Feb 01, 2021 4:05pm
I have level 2 but it doesn't show the shorts... from what I see in shortsqueeze not much was covered yet... I think most of the movement is because of silver price
Comment by gisellekronk on Feb 01, 2021 5:06pm
i think mux has to get close to  $2 and then we will see shorts buying back in very large quantity
Comment by LowtoHigh on Feb 01, 2021 8:24pm
So happy this broke out against the shorts. I was holding out for the past 5 months and all of the sudden a great haul. Bh. I'm out now but the board was awesome! See you back if the opportunity presents itself. 
Comment by Calgary_AB on Feb 01, 2021 10:18pm
I've been holding out for a few years...since CAD$3.20...and averaging down since... I look at it as the opportunity to be in is NOW if any. MUX can easily brake out and go, the project in LosAzules alone is worth more than CAD5.00 Some small juniors in prospecting mode are trading at over a dollar or some even 10.00, there is no reason for a producer like MUX to trade at 2.00 only, other than ...more  
Comment by Hopeful123 on Feb 02, 2021 10:30am
Guess our chance above 2 is over unless Rob can work miracles or find a buyer for some properties or sell MUX.. If we sell a new mgmt could get this horse back on the track..
Comment by MiningBoomer on Feb 02, 2021 3:01pm
I sold my shares yesterday - rare for me to time a trade that well!
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