Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: toooldtodie who wrote (20879)	9/13/2019 1:57:06 PM
From: Whistlingatthemoon	Respond to of 24541

hi toooltodie - thanks for your comments, and I would be curious to hear what everyone thinks about the latest press release - especially regarding the drilling results. I agree - there seems to be some good news (drilling results), but then also the bad news with it about the amount of gold that will be mined from Gold Bar and Black Fox this year. In particular - what do y'all think about the impact of the depth factor in those Black Fox drilling results? Is it possible for MUX to be profitable mining gold from those depths? Will MUX be stuck with a very high AISC to get these deep gold reseres out of the ground, or, despite the depth, can it still be mined in a profitable way if gold stays around $1500/oz? With the short interest in MUX, (sadly) I see us stuck at these levels for a while unless/until gold jumps higher, and/or our GEO levels jump significantly, and/or we strike a deal with someone for the JV at Los Azules... WATM