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Mining CEO discuss future of gold market
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ehoff
Posted 11/24/2012 09:24 (#2713883 - in reply to #2713758)
Subject: Re: Mining CEO discuss future of gold market


Central Missouri
The article is misleading as to where MUX has its assets. It owns 49% of a gold mine in Argentina, it owns the 5th largest copper deposit on earth in Argentina which it plans to sell in the next 12 months to finance its gold/silver mine builds. It operates a gold/silver mine in Mexico called El Gallo and is ramping up production. After El Gallo phase 2 goes into production in 2014 it will put its gold Bar property in production which I think is in the U.S. It will be mining 280k ounces gold equivalent by eoy 2015. Only 1 drawback and that is the float is 280 million. I love the company. Rob Mcewen built gold corp from nothing to the largest gold producer on earth and is gonna do it again with MUX. He personally owns 25% of all shares. Great company great management great properties in a great industry.

Edited by ehoff 11/24/2012 09:26
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