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Gold/Mining/Energy : McEwen Mining -- Ignore unavailable to you. Want to Upgrade?

To: JW@KSC who wrote (14086)	12/24/2015 7:29:20 AM
From: JW@KSC	Read Replies (1) \| Respond to of 24514

Perhaps someone can read this article who has a valid corp. Email Address and post it, 15 day free trial. Costs to rise at McEwen's Mexico gold mine CEO Rob McEwen tells BNamericas El Gallo's cash costs will trend higher as production declines, while efforts are under way to extend the mine life. ... WN..COM McEwen interview Posted, 2015-12-23 BN America Thanks.

To: JW@KSC who wrote (14086)	12/24/2015 9:48:23 AM
From: robey743	Read Replies (1) \| Respond to of 24514

JW, I saw your post and thought I might share the following with you and the board. “At this point I'd like to see us move on Cerro Negro exploration and development, but cash flow precludes that. And I'm hoping to see is MUX JV (Hat Trick) with someone who has the Capital, Facilities and Equipment to help us along. I'm sure Rob would rather save all this, for just MUX as it grows to a point where MUX can Fund the mining operation itself at Cerro Negro. But desperate times need desperate measures in order to vastly increase reserves and or grades. And one only has to look at GG's work thus far at Cerro Negro to see the potential there.” McEwen Mining Q3 2013 Results - 11/08/2013 “In October, McEwen Mining and Hochschild Mining, its partner at San José, entered into an agreement to contribute their respective exploration properties around the mine to the San José joint venture (Fig. 1). There are many benefits to combining these respective exploration properties: 1) allows McEwen Mining to increase its exposure to the exploration potential surrounding the San José mine and Goldcorp's Cerro Negro project; 2) both sets of properties will now benefit from the geological expertise of the San José staff; 3) any discovery can now be processed at the existing mill, limiting the need for new infrastructure; and 4) tax efficiencies.” --------------------------------------- “I'm not suggesting a JV with GG, even though they have the Facilities and Equipment Real close by. Doing any deals with GG the way of Rob's departure there might preclude that. Though the Old Guard is changing there with President and CEO change there in April, it's not getting any better IMO.” The following might have some effect on GG’s willingness to JV mentioned claims with MUX – If claims were unencumbered - If memory serves me correctly, GG bought Cerro Negro, in 2010, believing they would develop same into a mine that contained 10+ million oz gold; at time of purchase I believe the project had +/- 2.5 million oz gold and 24 million oz of silver Indicated Resources – Said belief justified their payment of $3,000+ per oz, I haven’t looked at GG website in a while, but the last time I did look, they were still short of that 10+ million oz of gold.