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Gold/Mining/Energy : McEwen Mining
MUX 26.97+0.7%Jan 26 3:59 PM EST

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From: GUNSNGOLD1/25/2026 11:25:06 AM
3 Recommendations

Recommended By
Arran Yuan
easygoer
RonBerk

   of 24600
 
I would have hoped you guys could have seen his play years ago as I predicted.

He is going to talk his book to get the price of MUX up to the par value at the time of the reverse split.

Remember when MUX was the majority owner of McEwen copper, however who is a major private owner of unlisted shares of McEwen Cooper? Yes that's right Rob, himself. McEwen Cooper is unlisted and owners of MUX are indirect owners of it.

He will continue sell MUX's shares of McEwen Cooper to fund operations for MUX at other mines and LA.

The whole time it will be the case of McEwen Cooper Shares becoming more valuable while MUX just piddles along with the gold price. The only real asset with somewhat blue sky that MUX has now is Fox and maybe GB is worth something with Au north of $5000.

With the price of Gold being $5000 which he has been selling since he bought US Gold in 2009 (17 years ago) this has been nothing but rope a dope for MUX shareholders.

When MUX finally gets back to the Par Value vice the Reverse slip he will sell his MUX shares, break even on his disastereous MUX investment and depart with his extremely valuable unlisted stock (or maybe McEwen Cooper has a listed stock by then)

Do I think that he intended to do it this way 10 years ago? No, I do not. However he must protect himself and buyers of US Gold and MUX have been nothing but bag holders for 17 years.

If you want to see what his Idea of what he wanted MUX to be 17 years ago I suggest you pull up a 1yr chart of HYMC then expand it to MAX.

It is exactly what Rob was trying to do 15years ago but the Gold Price never participated with his plans and GB became a nightmare.

MUX's issued shares used to be low but McEwen had to pursue a program of dilution to "stay in the game" then he had to use the nuclear option to save his principal investment by the reverse split.

He always knew that LA had value but he was never going to be able to unlock it with the diluted share structure of MUX (still may be a challenge but with the strong tail winds in Au and Cu it may work this time)

So his playbook for McEwen Copper now is what he used for MUX from 15 years ago. Unfortunately, MUX holders are continuing to be sacrificed to do it.

Just think if you had sold your MUX shares in OCTOBER and bought HYMC of where you would be today. You would have a capital loss on your MUX to offset your huge gains when you eventually sell your HYMC.

You can either believe me or your lying eyes.

MUX will continue to piecemeal sell its McEwen Cu shares to keep the game afloat for McEwen CU but MUX shareholders will never benefit.

Maybe one day when McEwen Cu has its moonshot then McEwen Cu will maybe offer a premium to take MUX private and reward the long-term bag holders, but that is a big maybe.

All MUX is doing is tracking the POG, but HYMC with its low stare structure is on a moonshot because it is LEVERED to the POG.

HYMC benefited from being at the right time and being the right dog for POG in 2026.

MUX is neither. Just ask yourself how you will feel when MUX ownership of McEwen Cu is 40%, 30%, or 20%.

I wish you all continued good luck. Continue to back this dog or find yourself a winner like HYMC or start looking for U miners.

G-n-G
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