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


To: JW@KSC who wrote (21046)12/5/2019 9:07:11 AM
From: GUNSNGOLD2 Recommendations

Recommended By
Oldbasalt
wolfgangrene

  Respond to of 24510
 
I didn't say it, I quoted verbatim what the press release says.

So that is even more concerning. Either the press release is correct or someone or something is wrong based off of what you are saying.

Look I am still invested with MUX but I will no longer throw money at it until

1. Rob starts putting his money in the pot.

2. They get results and become profitable.

3. Better yet both 1&2.

I believe it speaks volumes when he invests in other companies but there has been no insider buying for some time.

He was given a lot of latitude based off his past, but IMO he has burned up that goodwill. I have been with him since US Gold.

He needs to get it together or find someone who can.

Like with all things it is a risk, but the risk we are taking now is hoping Gold prices will climb high enough to bail him out. That is way different then having a business plan that generates profit based off of current prices.

Drill results make for nice "press releases" however shareholder value based on AISC for getting it out of the ground.

He gets an A for Drilling but a D for getting it out of the ground.

JW I appreciate the feedback and what others have to say on the board.

I am just providing my opinion. I am not upset but I believe Rob has now hit a point of do or die.

G-n-G



To: JW@KSC who wrote (21046)12/5/2019 3:34:13 PM
From: toooldtodie  Respond to of 24510
 
Rob owns 20% of MUX! twenty percent of four hundred million is eighty million shares! His investment cost is $164M! He is a bit underwater just like me!









Rob McEwen Shares Ownership 20%
Shares Outstanding1 400,308,425
3 Month Avg. Daily Volume2 4.3 M
Cost of Investment3 $164 M
Fully Diluted1 435,643,135









St