McEwen Mining Inc (MUX)

[100% CORRECT DD]

Well, I'm impressed!

2017 Black Fox MUX Purchase Price US$35 million
What did we buy?
• Prime real estate along the Destor-Porcupine Fault
• Underground mine producing 50,000 oz gold / year
• 2,400 tpd mill and tailings pond with excess capacity amenable to Lexam ore.
• Gold Resources1: M&I 1.2 million oz & inferred 231,000 oz
• Multiple exploration properties
• US$150 million in tax pools

Amazing. The following is worth a lot of money by its self, which makes this deal an even bigger steal than I even imagined. This deal is worth many times the purchase price IMHO. " The purchase includes large tax pools that will be used to shelter future income,” said Rob McEwen, Chairman and Chief Owner"