Post by
Inohnuttin on Feb 23, 2022 1:57am
McEwan Copper
I know many of you keep commenting on how Rob should have just sold the copper project, and tbh, people have been saying that for more years that I can remember. Although, to me, it always seemed to be his intention to get the most value out of that play. Copper is finally in very huge demand globally and I for one am thrilled that we're still holding on to this. Even if McEwan Mining doesn't get it to full production, I believe the recent progress being made down there will increase its value and appeal for a potential sale. Have any of you been around here long enough to remember the last time McEwan tried to sell it and there was no interest? Well, mark my words, I believe that this current progress on the site will generate that interest or possibly exceed all expectations and who knows, maybe one day we'll also be producing copper? No need to cross your fingers; Rob McEwan knows what he's doing . . .
Inohnuttin
Comment by
jcatalan on Feb 24, 2022 8:48am
The copper deposit is absolutely their most valuable asset. Copper demand is going through the roof with the explosion in electric vehicle production. In the press release of new manager at McEwin copper it mentioned an upcoming IPO. Does anyone know anything about this. Has it been mentioned in the past in any press release? If so where?
Comment by
Inohnuttin on Feb 25, 2022 12:27am
Just look at Alamos gold for a comparison. They produce just over 100k ounces of gold and their AISC is in the $1300 range. Mux is flirting in the $1600 range which doesn't make this puppy all that attractive . . .