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McEwen Mining Inc. (0JZT.L)

LSE - LSE Delayed price. Currency in USD
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0.50000.0000 (0.00%)
At close: 04:34PM BST
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  • W
    William
    Ladies, we are in the green!
  • D
    Daniel
    Read today's DEFA 14A filing. Proposed reverse split between 5 for 1 and 10 for 1.
  • R
    RLS
    Rob has said a reverse split would be the final nail in the coffin, this is one promise he has delivered on.
  • J
    Juan
    McEwen many, many years ago stated that his goal was to increase value for the shareholders.
    Well, he has done a very good job in increasing negative value. I think even if they give him 2, 3 or more years, this company, I think, will still be struggling.
  • k
    ken
    now they're doing a reverse stock split so they can stay on the New York exchange? what a joke. I've never seen a stock go up after a reverse stock split
  • K
    Kevin
    I am MUX free for over a year now. I spent 10 year believing in Rob. He is still a great showman and will be given the tittle of thee gold mining entrepreneur back in the glory days. Check your history and look at other money player’s in the same trades. Compare.
  • R
    RSSWG
    I listened to the youtube video. The guy doesn't seem like the person you'd want managing a company. No wonder the stock's at 50 cents.
  • W
    Warrior
    MUX investor =
  • P
    Phil
    Fantastic drill results. I loves me some Rob and how well he keeps us informed about our company
    MUX will skyrocket past 50 today.
    Not sure if it's 51 or 52, but buckle up and hold on
  • m
    mat
    Copper, gold and battery metals prices are expected to hit record highs and should be very positive for MUX. Red Metal Resources (RMESF: OTC) (RMES.V) recently reported impressive drill results showing what could become high-grade copper mine. Cobalt was also encountered that could be worth as much as the copper. Red Metal 100%-owned claims of about 3,378 hectares are in the Chilean Carrizal district that is estimated to have yielded more than 3 million tonnes of copper which translates to over $24 billion at todays’ prices. Additional drilling results from the same drill program are due in a few days and could send shares higher. RMESF or RMES is undiscovered and undervalued and trading between 12 to 15 cents with tiny market cap of about $5.5 million.
  • R
    Ron
    Any ideas as to why we are up 7% this morning? I know we are still stuck in the fifty cent range, just the sudden rise is puzzling.
  • W
    Warrior
    The huckster was back on Kitco peddling his wares again..https://www.youtube.com/watch?v=HdFBkXrVr1Q
    Fed to get even more hawkish, but it won't be enough; Gold to hit $5K - Rob McEwen
    www.youtube.com
  • T
    Tampai
    Why no love for the reverse split? I've seen several companies like City Group do very well after reverse split. Also many big investors can't touch stocks under certain prices. Overall every miner is selling for half price. If it was just one company i would be worried. Miners need inflation to do good. Especially miners that mine gold and silver.
  • G
    Gator
    When does this become a viable acquisition for a larger Miner? This would be pocket change even at $2/share for a larger player in the market.
  • j
    john
    The smart move is distribute the 69% ownership of the copper sub directly to shareholders and liquidate the rest of the business which is money losing . That’s the right capital allocation strategy . Never happen IMO.
  • C
    Celty
    I need a triple from here. How sad is that?
  • B
    Bakerlyt
    This was from their last Q1.NYSE ListingOn January 5th, the Company was notified by the NYSE that the average price of its common stock for the previous 30 trading days was below $1.00 per share. Under NYSE regulations we had six months to bring the share price and 30-day average closing share price back above $1.00. The Board of Directors have not approved a reverse share split and will therefore seek other means of remaining on the NYSE. Should the Company become delisted it will continue to trade on the Toronto Stock Exchange ("TSX"). Additionally, the Company is exploring transitioning to an alternate exchange or quotation system in the United States.Now on their proxy to vote on July, they have this..To consider and vote on a proposal to grant our Board of Directors the discretion to amend our Second and Amended and Restated Articles of Incorporation to effect a reverse split of our outstanding common stock at a ratio of not less than 1-for-5 and not more than 1-for-10, to, among other things, enable the Company to comply with the New York Stock Exchange?s continued listing requirements; Vote against this #$%$! That's the worst that can happen to a stock.
  • T
    Thomas
    Any word on why the stock has been rising lately? The easy answer would be inflation but there must be a lurking variable around?
  • G
    GOLD IS MONEY
    This has been going down for almost six years now. Brutal. My original investment (after having averaged down, and then selling half my position at a loss) is now down nearly 70 percent. So tempting to buy more here. I am guessing 50 cents will turn out to be the bottom. Look at a chart. This bottomed at 50 cents in 2008. I am a long that has been burned badly and vowed to NOT buy any more MUX again. Those willing to risk some $$$ may want to buy here. Just sayin', that the longs have given up now.
  • B
    Bakerlyt
    What is she all about?? Is McEwen planning to build a space shuttle? lol!

    Our Board believes that Ms. Sanchez’s expertise in cutting edge science and technology as well as her experience in operations, engineering, safety, risk management and decision making for both human and robotic spaceflight makes her an asset to our Board.