McEwen Mining (Seite 64)

[Onlyaguy]

Danke fürs träumen.. das wären ja mal super Aussichten.. bei dem aktuellen Goldpreisanstieg und dem nicht mitgehen der Minenaktien, braucht man viel Optimismus um daran zu glauben..

[boersentrader02]

Brian ist unheimlich bullish für die Aktie McEwen und sieht für die nahe Zukunft . . .

. . . . neue Höchststände in diesem Wert.

Wir brauchen ja nur abzuwarten was sich in nächster Zeit so tuen wird.

Ist doch klar ich hoffe das er recht hat und das auch behält


McEwen Mining: Upside And The Precious Metals Mining Sector
Jan. 30, 2019 9:25 AM ET|
Includes: NESRF

Brian Fletcher
Gold & precious metals, hedge fund manager, research analyst, value
Time Price Analysis


Summary

There are many miners to choose from, but forming a portfolio comprised of miners with the strongest fundamentals affords the most upside.

McEwen Mining, Inc., CEO Rob McEwen is a known quantity who has plenty of his own skin in the game, and who only benefits when MUX shares perform.

MUX offers two scenarios - Bullish and Very Bullish, both sharing the same entry price level.

Prepare your portfolio list now, and have a plan on how you intend to take advantage of this sector opportunity.

It's not often you can enter a long position in a stock where the bullish upside overlaps what could also be VERY BULLISH upside, but this is exactly what is happening in the miners sector. There is no lack of miners for investors to choose from worldwide, but as I've discussed many times, the sector members vary widely in the disparities relating to their respective fundamentals. We have completed a thorough fundamental analysis of the candidates and narrowed our buy list down to 20 of the VERY BEST miners, and are focusing on these for our subscribers and investors.

One miner on our short list is McEwen Mining, Inc. (NYSE:MUX). The intent of this summary is to look at price targets, not fundamentals for MUX, but no mention of McEwen Mining can hardly be made without mention of its namesake, Rob McEwen. In the 1990's Mr. McEwen consolidated 8 companies to form Goldcorp (NYSE:GG), then grew this company to over an $8B market cap company, and of course it is now merging with Newmont Mining Corporation (NYSE:NEM) to become one of the largest gold producers in the world.

Presently, Mr. McEwen owns 23% of MUX, having invested $161M of his own capital, has a salary of $1.00 per year, and accepts no bonus or company options.

Suffice to say, anyone who thinks that management or fundamentals don't matter may want to reconsider this notion.

In previous articles I discussed how the precious metals mining sector is setting up for an enormous push up, with our expectations that a low will be established late spring to early summer, 2019. In my most recent article I showed our expectations for the HUI Gold BUGS Index, whereby we are expecting another low in one of two paths.

Following this low, we are expecting either a C-wave, similar in size or slightly larger than the A-wave that occurred in 2016, or alternatively a very robust 3rd wave that would take out the 2011 high in the complex. While we are expecting another low in the entire metals and miner's complex, we'll be watching the smaller time frame patterns closely on the next pullback to substantiate this thesis vs. the possibility of a retracement against the most recent rise off the September, 2018 low.

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Many of the miners in our Strategic Miners Portfolio support our larger picture perspective, including the Elliott Wave count for MUX. Like the HUI Gold BUGS Index, MUX provides two upside potentials, as I'll describe in more detail below.

MUX initially rallied from its October 2000 low of $.10 per share forming a large impulsive move up in October 2006 to $10.31, for a 103 fold increase, for what we are viewing as an (A) wave, where the extremes exhibited in price fluctuations off the 2006 peak are forming a multi-year triangle. Triangles are virtually only seen as part of a B-wave or 4th wave, this clearly being the former. Triangles are comprised of a series of 3 wave moves (A) (B) (C) vs. impulsive 5 wave moves, forming what is typically 5 price points at their respective peaks and valleys before breaking out of the triangle. MUX is adhering in picture perfect fashion to the formation of a very large triangle.

Presently, MUX is completing either all of the E-wave (Very Bullish), or is completing only the (B) of the D-wave of the triangle (Bullish). See chart patterns for both counts below. In the case of the bullish count, as shown on the chart below (Bullish Count), an entry into MUX in the $1.00 - $1.45 region would fetch a move up to the $7.88 - $8.95 region, for a 5 - 8 fold increase if share price. Not bad!


https://static.seekingalpha.com/uploads/2019/1/29/43898886-1…

https://seekingalpha.com/article/4236617-mcewen-mining-upsid…" target="_blank" rel="nofollow ugc noopener">https://seekingalpha.com/article/4236617-mcewen-mining-upsid…

[bigyawn]

McEwen Mining produces 175,561 oz AuEq in 2018

2019-01-15 06:46 ET - News Release

Mr. Rob McEwen reports
MCEWEN MINING REPORTS 2018 FULL YEAR AND Q4 PRODUCTION RESULTS
McEwen Mining Inc.'s annual consolidated production in 2018 was 135,124 gold ounces and 3,032,727 silver ounces, or 175,561 gold equivalent ounces.

CONSOLIDATED PRODUCTION SUMMARY

Q4 Full year Full-year
2017 2018 2017 2018 2018 guidance

Gold (oz) 48,609 29,291 109,947 135,124 128,000
Silver (oz) 926,739 819,473 3,178,742 3,032,727 3,225,000
GEOs (1) 60,965 40,217 152,329 175,561 171,000

(1) Using a 75:1 gold:silver ratio.


2018 production
Black Fox mine, Timmins, Canada (100 per cent) -- gold
Black Fox produced 48,848 gold equivalent ounces in 2018, in line with the company's full-year production guidance of 48,000 AuEq ounces. Fourth quarter production from Black Fox was 11,097 AuEq ounces. To continue to build on the success of the 2018 exploration program at the Black Fox and Stock properties, a $15-million flow-through share financing was completed in the fourth quarter to finance exploration in 2019.
San Jose mine, Argentina (49 per cent) -- silver and gold
San Jose produced 47,331 gold ounces and 3,020,696 silver ounces, for a total of 87,607 AuEq ounces attributable to the company in 2018, below the company's full-year guidance of 91,000 AuEq ounces. The company's attributable production in the fourth quarter was 12,602 gold ounces and 816,374 silver ounces, for a total of 23,487 AuEq ounces.
El Gallo project, Mexico (100 per cent) -- gold
El Gallo produced 39,106 AuEq ounces in 2018, exceeding the company's full-year production guidance of 32,000 AuEq ounces. By the end of the second quarter of 2018, mining and crushing activities at El Gallo ceased and were followed by residual heap leaching, which resulted in production of 5,633 AuEq ounces in the fourth quarter. Closure, reclamation and residual heap leaching activities are continuing and will continue for several years.
Development
Gold Bar mine, Nevada, USA (100 per cent) -- gold
Construction at Gold Bar is near completion and on schedule for inaugural gold production in the first quarter of 2019. Activities at Gold Bar in the fourth quarter focused on commissioning utilities and ore delivery systems, and mechanical completion of the gold processing plant. Site buildings and infrastructure are complete and occupied. Mining, crushing, loading of the heap leach pad and parts of the processing plant are active. Remaining activities include electrical work and instrumentation installation in the gold processing plant, and commissioning of the gold refinery circuit.
Fenix, Mexico (100 per cent) -- silver and gold
Work on the Fenix project, which is evaluating the potential construction of a new mine and mill at El Gallo, is continuing. During the first half of 2019 the company expects to complete the feasibility study, and receive regulatory approval for a permit amendment to allow for in-pit tailings storage, which is a key feature of the proposed project implementation.
Financial results
Operating costs for the quarter ended Dec. 31, 2018, will be released with the company's 10-K annual financial statements in late February, 2019.
About McEwen Mining Inc.
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of the San Jose mine in Santa Cruz, Argentina (49-per-cent interest); the Black Fox mine in Timmins, Canada; the Fenix project in Mexico; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing toward development.
Technical information
The technical contents of this news release has been reviewed and approved by Chris Stewart, PEng, president and chief operating officer of McEwen Mining and a qualified person as defined by Canadian Securities Administrators' National Instrument 43-101 Standards of Disclosure for Mineral Projects.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[iwanowski]

Auch hier nur Müll von dem Müllmäusezahn.....

Na MOD....ist das auch Fäkalsprache??

[Yoga_Maus]

Schlimm, wie McEwen Mining in 2018 underperformte! Was wird da erst passieren, wenn der Goldpreis wieder absackt? Dann sehe ich McEwen Mining schnell als einen Pennystock!

[boersentrader02]

Rob sorgt schon einmal vor wenn das Gold endlich zum Laufen kommt. Dann brauch er

nicht erst das ganze Gremium einberufen um auf eine Erhöhung des Aktien-Kapitals entscheiden zu lassen, das hat er schon mal im Sack.

Um so schneller kann er auf dem Markt wieder zuschlagen und unser Geld wieder in die Luserspur zu bringen.



45,000,000 SHARES OF COMMON STOCK


This prospectus relates to 45,000,000 shares of common stock that may be offered and issued from time to time in connection with acquisitions of businesses, assets, properties or securities.


The amount and type of consideration we will offer and the other specific terms of each acquisition will be determined by negotiations with the owners or controlling persons of the businesses, assets, properties or securities to be acquired. We may structure business acquisitions in a variety of ways, including acquiring stock, other equity interests or assets or properties of the acquired business or merging the acquired business with us or one of our subsidiaries. The consideration for any business acquisitions may consist of shares of our common stock or a combination of common stock, cash, notes, assumption of liabilities or other consideration.

Unless otherwise indicated in any prospectus supplement, we do not expect to receive any cash proceeds from the sale of shares of common stock issued pursuant to this prospectus. We may be required to provide further information by means of a post-effective amendment to the registration statement or a supplement to this prospectus once we know the actual information concerning a specific acquisition.


https://www.sec.gov/Archives/edgar/data/314203/000104746918…

[Global-Player83]

Jetzt müssen die Aktionäre schon für die Exploration bezahlen?

[Ramses21]

Antwort auf Beitrag Nr.: 59.377.352 von bigyawn am 06.12.18 11:27:34

Auch der Aufschlag hilft dem Kurs nicht. Ebenso wenig wie der aktuelle Goldpreis.

[bigyawn]

McEwen arranges $15M (U.S.) offering for exploration

2018-12-05 19:40 ET - News Release

Mr. Rob McEwen reports
MCEWEN MINING ANNOUNCES 2019 TIMMINS EXPLORATION STRATEGY AND FUNDING
McEwen Mining Inc. will make a strategic financing to continue its successful continuing exploration program at its properties in the Timmins region of Ontario.
"We are issuing 2% of our currently outstanding shares to raise $15,000,000 at $2.26 per share (Cdn$3.02) to fund our 2019 exploration program on our Timmins properties. We want to build on the exploration success of this year's effort, where we increased our resources and generated a number of exciting exploration targets. These properties are located along a prolific geological trend in one of the world's great gold districts," said Rob McEwen, Chairman and Chief Owner.
The financing consists of a US$15,000,000 (Cdn$20,034,680) bought deal private placement offering (the "Offering") of 6,634,000 flow-through common shares (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) priced at US$2.26 (Cdn$3.02) per flow-through common share (the "Offering Price") led by Cantor Fitzgerald Canada Corporation as sole bookrunner. The Offering Price represents a premium of 26% over the closing price of McEwen common shares on the TSX as of December 5, 2018. The Offering is expected to close on or before December 21, 2018 (the "Closing") and is subject to customary closing conditions, including approval from the TSX and NYSE.
The proceeds of this Offering will be used exclusively for generative exploration activities on McEwen's properties in the Timmins region.
About McEwen Mining
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San Jose mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the Fenix Project in Mexico; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing towards development.
McEwen has a total of 337 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 24% of the shares. Subsequent to the closing of the Offering the shares outstanding will increase to 344 million.
We seek Safe Harbor.
© 2018 Canjex Publishing Ltd. All rights reserved.

[meichel]

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