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McEwen Mining Inc. Message Board

  • rxbond rxbond Feb 19, 2013 11:49 PM Flag

    This is what Im thinking

    Its a long long year!! Gold prices are on our side. Been up 12 straight years YOY. Closed at 1675 in 2012, gold prices in all likelihood will spike before this year is over. In the long term, if you look at companies with 5 billion market cap they are producing over 600K AuEq, Mux is presently on pace for 300K, we are almost half way there. Basically our only chance to get over 600K and get into the SP 500 is by acquisition . We need two more drilling seasons to advance the Los Azules project to premium value levels, likely over a billion dollars. Thats when the aquisitions will occurr. This is a challenge but it is very feasibile.

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