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


To: JW@KSC who wrote (14096)12/28/2015 10:43:31 AM
From: robey743  Read Replies (1) | Respond to of 24514
 
JW, Thanks for the reply and thanks for the welcome you have extended. Below find a brief history of my involvement with Minera Andes/US Gold/McEwen Mining.

My first investment, in Minera Andes (MNEAF) was April 15, 2009; the year is easy to remember, as is the date (tax filing deadline in USA). I sold all MNEAF shares owned just prior to the merger with US Gold and I have not invested in MUX.

I did not agree with the `low’ price/value attributed to MNEAF resources, (especially the value attributed to Los Azules) by Rob McEwen. I was also disappointed in the acceptance of the US Gold final offer, by the MNEAF investors. After stating my disagreement with the terms presented for the M and A, I did not feel that I would be at peace with myself if I did an about face and joined the majority in the transition from MNEAF to MUX…

I am well aware of the MUX claims encompassing Goldcorp’s Cerro Negro project and the possibilities of Cerro Negro gold/silver veins continuing into MUX claims; plus the possibilities of new veins originating within MUX claims.

With the change in Argentine government leadership and the devaluation of Argentina’s currency, (compared to the USD) upcoming 2016 might witness a concerted effort by MUX/HOC to begin further exploration/drilling on said claims - At some point in time, in the near future, one would expect Goldcorp to make an attempt to acquire one, or more, of said claims, (depending on the story the Cerro Negro veins reveal at the Goldcorp and MUX/HOC property/claim lines).