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


To: 1933Saint4me who wrote (24412)8/9/2025 10:16:33 AM
From: The1Stockman1 Recommendation

Recommended By
Oldbasalt

  Read Replies (1) | Respond to of 24514
 
Your Welcome Saint, thanks for reading, this used to be a pretty active board years ago, I imagine many have moved on.

I see MUX pulled back to just above its 50-day ema, obviously investors were not impressed with the quarterly report and rightfully so, or was it the conference call they were not happy with? ...hard to tell with this company.

Thursdays daily bar ended the day very negative, selling off and creating a large tail to the upside, I think it greatly effected Fridays action. The cup and handle formation is still ongoing, the ideal length of the handle is 3 to 4 weeks from the peak, we are now starting the 3rd week,

Typically a pull back on a handle needs to hold above the 50-day ema which thus far is correct, and the % pull back in price of less than 20% from the top closing price to the low closing price which we are now flirting with, we are roughly at 17/18% as of Fridays close, MUX is border line of failing the formation.

Nice to speak with you again.
James




To: 1933Saint4me who wrote (24412)8/11/2025 11:31:01 AM
From: syder  Read Replies (1) | Respond to of 24514
 
This week is options expiration week and apparently there's been a tonne of call volume on the miners which might cause more volatility than normal.

I recently watched an interview with Rob. He talked about the upcoming Feasibility Study and dropped a few hints. He mentioned that the cost of mining in Argentina has skyrocketed to much higher than they had originally assessed in the PEA. If you look up the Argentinian inflation rate, it's something like 35.9% as of April 2025.

Rob also mentioned that the size of the resource (Inferred and Indicated) calculated in the Feasibility Study, though still huge, will be lower than that of the PEA. I can't help but think Rob is softening us up for something...