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Bullboard - Stock Discussion Forum 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... see more

NYSE:MUX - Post Discussion

McEwen Mining Inc > Los Azules
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Post by Tikinagan on May 10, 2024 1:40pm

Los Azules

Think about a huge hunk of mountainous land, with barely a proper road, halfway across the world. There may be tons of copper below, but how do you get it out and sell it? You can own the property until doomsday and it won't make a dime for you. It takes skill, epxerience, effort and funding to get it going. RM could have sold it for a song, but went the route of soliciting partners for the funding. And now the process is well underway. In the end, I would rather own a big chunk of a producing mine that all of one where the ore stays underground.
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