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


To: The1Stockman who wrote (24504)10/29/2025 7:31:32 PM
From: syder2 Recommendations

Recommended By
Oldbasalt
The1Stockman

  Read Replies (1) | Respond to of 24510
 
Hi James, great analysis as usual. I think it's too early to tell if this is a major top of a consolidation phase. Seasonally we usually have bit of an Autumn dip before gold chugs higher into the new year. Based on my own experience, not that I consider myself savvy in any way, sell-offs of this magnitude tend to ABC down and we're only on the first leg down. My concern is that we find a short term bottom and bounce only for gold to roll over again and stair step down another leg a month or two down the road.

After pulling my hair out with MUX over the last 10 years, I'm wary of potentially more lost years. While Rob seems to have gotten a handle on the company's quarterly balance sheet, I think we still have to be on the look out for future dilutive events to fund ongoing exploration and operations, especially with the Stock extension and financing for Los Azules, nevermind all the recent acquisitions Rob has made which will require even more capex.

With most of the good news behind us now, what do we have to look forward to? A Los Azules IPO next year? I have no idea how that will affect us.

Can MUX break the mold of the last 10 years? Perhaps I've become too jaded, but I've taught myself not to hold my breath.

GLTA