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McEwen MiningMUX.TOBUYSep 12, 2016Stock 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.
(Market Call Minute) A smart entrepreneur. They can start spinning out a lot of cash from his projects that he has assembled in this new company. Sometimes it is as smart to stick with the smart investor as with the project.