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McEwen Mining Inc. Message Board

  • ggray1956 ggray1956 Mar 6, 2012 11:01 AM Flag

    Opportunity or Not?

    If MUX was such a great opportunity wouldn't Mc's x-buddies along with other insiders be enough to keep the stock above $5 bucks? Only 1.8 million shares (9 million dollars) of stock are traded daily. Logically less than 1/2 of that is long. It would not take a large amount of money to maintain the above $5 dollar price. IM ownership is only 25% and can only get worse being below $5 bucks. At the rate it's dropping it will be at $3 bucks at $1600.00 Gold and $28.00 Silver. If you remember we were at 9 dollars a share when gold and silver were selling for much less. It trades like an extremely speculative stock, not like one with any real value...right?

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    • good points....this industry is full of scared little the dump and sell the pump......thats what im noone.....i have never seen such criminal activity and noone goes to prison......this is not free market action an idiot all doped up on pharma drugs could even see it.....

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