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McEwen Mining Inc. Message Board

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  • whitesands_8 whitesands_8 May 11, 2012 10:54 AM Flag

    How much does Argentina have to do with MUX weakness

    Yeah, it's hard sitting there waiting...I've been on edge waiting to buy it because I like the CEO....At this point I would only buy at lower prices...

    One thing I'm watching is the HUI which the pattern suggests a target price of 370-350 downside objective...If it hits 370 then I'll be looking really hard..perhaps MUX will hit that $2.50 price you're looking for.

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    • amusing

      • 2 Replies to rxbond
      • I agree, ...

        I've missed many opportunists in the past thinking this way!

        1. A CEO with a a proven track record holding a large position in the company. OK Agatha go for it!

        2. Sitting on large cash/gold reserve with new digs and developments in line for at least the next 3yrs (starting this summer).

        3. Gold sector that's bouncing off of its historical yearly low pattern.

        4. A stock that's back to acquisition levels with very little (meaningless) backward history left.

        5. All this tells me one might consider taking a even a slight position or adding to an existing position.

        Could it go lower, ... sure, ... anything can go lower at any time, ... we can all go six feet under too, ... after all, ... this is Americas highly manipulated Stock market.

      • How do you mean funny?! Funny, ha, ha. Do we amuse you...... :-)

        Seriously, though, why do you find us amusing?

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