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McEwen MiningMUX.TOBUYMay 16, 2011Stock price when the opinion was issued
As of Jun 19, 2026. Market Open.
There have been some operational mistakes, but the CEO has had the courage to fix them. In turnaround situations like this, you need to exhibit some patience. He will be helped in a couple of years by an increase in the price of copper. The latent value is not so much in the gold exposure, but in the copper.
One of the principle founders of Gold Corp. He has real issues with Argentina. Gov’t has announced a lot of restrictions on cash flows. It is difficult to get US dollars out of the country. Probably won’t always be the case. There are better alternatives to gold equities with free cash flow and they are more silver.