SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : McEwen Mining -- Ignore unavailable to you. Want to Upgrade?


To: robey743 who wrote (14095)12/24/2015 1:37:59 PM
From: JW@KSC  Read Replies (1) | Respond to of 24514
 
Roby, thanks for posting and Signing Up to SI so you may post. Thanks for the 2013 3rd Q report Quote.

I don't know how long if ever you may have been reading the board ? But a few of us have been Discussing the Prospects of MUX and HOC's properties Since early 2012 after the Merger when US Gold & MAI formed MUX.

A little Board Background.

There were, highly differences of opinion on Shareholders of on Both The MAI and USG Boards at Yahoo Boards at the time pre-meger. I tried Bridging the Gap Between us by Posting Constructive information and View Points on the MAI Board.
It worked especially with Hunt for Value at that Time, winning the boards ( seemingly ) appoval of my posting there, and I agreed MAI shareholders they were not getting what they thought they deserved out of the Merger.

YAHOO WAS FULL OF shorters and people who argued, some just for the sake of arguing and the Boards became so cluttered with BS that it was impossible to Find the Hardcore Due Diligence. So at the time of the Merger I began this Board On SI having been a member since 1996. Where posters on SI are a little bit more refined, and if "they are proven a shorter or Basher, then one has the ability to ban them" That has never happened on this Board, and it is a mixture of long time MAI, MUX shareholders and newer shareholders.

WELCOME TO TO THE BOARD Roby, you obviously have been a MUX shareholder for sometime, with quoting a 2013 3rd Quarter Report. Although you may not have been around that long, and just enjoy doing good DD on companies your invsested in.

That being said, I'll go to a little detail about Cerro Negro.

Between HOC and MUX (Thanks to MAI's property) MUX and HOC both have huge land packages adjacent to and in some case Surrounding Gold Corp's Smaller, repeat, much smaller Land Package at Cerro Negro.
If you have not seen how the Land Package and properties Puzzle is jig sawed together, I will be glad to dig into my archive and find a highlighted Satellite or map Picture for You or anyone else, if requested, to show the boundries of the how the puzzle pieces are put together.

MUX also has Outcroppings on MUX's Land Package too, just as described in the GG Video, I have Satellite imagery of that also..

To get into the Numbers and grades of what GG has, would take going thru the NI 43-101 Technical Reports of GG, as not much said on thier website, they don't need to prove anything to anyone, they are GG and Huge unlike struggling Jr. Miners who make it easy providing quick links to them on Edgar.

But for Now Let's say the Numbers and Grades at Cerro Negro are very impressive, with 425,000 and 475,000 Ounces in the First Full Year of Production being impressive for GG.
Hence the Reason why I would like to see a JV with HOC at properties around Cerro Negro and NOW might be the time to Announce such an arrangement. We need some Great impressive PR' at this point.
After all, I and a few others have been waiting 3 years to see that Press Release.

I'm not trying to rush RM's Time table. But at the same time, with the Current Listing issue, I've been trying to look at different M&A possibilities, within the maze of his holdings.... Since RM has been mentioning this in interviews this year. Thus just suggesting a JV might be another possible outcome Solution.
I wouldn't want to see delusion of shares, possible with Merger Activity, at least not yet, in this market and Share Price.

Although produced in 2010, this video gives viewpoints and tour of a few miners in the Area of San Jose and HOC and also expands on the issues they have when it comes to a work force that comes from outside Argentina, rather than their Hard decree (at least prior to the recent election) of wanting only Argentina population workers by Govt Decree.

CREDIT:
The Video derives from my posts in 2012 with Hunt for Value which he provided. Thanks Chris ...