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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 > McEwen Copper team VERY IMPRESSIVE
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Post by Goodtoreadthis1 on Dec 23, 2021 2:55am

McEwen Copper team VERY IMPRESSIVE

Fortunately for all of us Rob McEwen will not let go of Los Azules. He's like a junk yard dog -he's gonna conquer ANY problem. A lead contractor is Bectel and Bectel worked magic to build the big dig in Boston -a super highway system was built under the City WHILE the City was still functionig each day.  They did things like freezing the sludge under the City and then pounding concrete highway segments in place within inches of a fully operational underground transit system  The dirt was used to create two beautiful Boston Harbor Islands and the road is a joy to use. Cost was 3X estimate and time was 2X-3X estimate.
Comment by gisellekronk on Dec 23, 2021 9:23am
sorry , i cant agree , hanging on to this copper play is  nota good move for mux . if bectel does the same , " cost was 3x estimate , and time was 2x-3x estimate  " the dillution we will have , will make its value to current mux shareholder close to $ 0.00 . better would have been to sell off all or most of it to a bigger company and retain a residual . mux is too small to pull ...more  
Comment by Tikinagan on Dec 23, 2021 12:47pm
I tend to agree with you on this for many reasons that stem, to my mind, from basic prudence. The risk of this being a ginormous white elephant are significant. Even if the copper is there. I don't see Mux as being up the task.