AI
Sunday, December 23, 2012 6:00:06 PM
MUX
Unlike most CEOs, Rob McEwen has a lot of skin in the game, owning approximately 25 percent of the company purchased with personal assets and taking no salary. Considering how shareholder-focused he and McEwen Mining have been so far, I think it's safe to say that Rob McEwen's prediction for the large miners, assuming they respond to shareholder and Board concerns, foreshadows what's to come with McEwen Mining: "Going into 2013, I believe you're going to see an improving share price, you're going to see better operating margins and more free cash flow generated by producers."
McEwen Mining is clearly concerned about its shareholders and is fully aware of what happens to miners that don't meet their shareholders' expectations. Obviously, it's in McEwen Mining's best interest to build a robust business that yields high returns for every shareholder. (SeekingAlpha)
MUX
Unlike most CEOs, Rob McEwen has a lot of skin in the game, owning approximately 25 percent of the company purchased with personal assets and taking no salary. Considering how shareholder-focused he and McEwen Mining have been so far, I think it's safe to say that Rob McEwen's prediction for the large miners, assuming they respond to shareholder and Board concerns, foreshadows what's to come with McEwen Mining: "Going into 2013, I believe you're going to see an improving share price, you're going to see better operating margins and more free cash flow generated by producers."
McEwen Mining is clearly concerned about its shareholders and is fully aware of what happens to miners that don't meet their shareholders' expectations. Obviously, it's in McEwen Mining's best interest to build a robust business that yields high returns for every shareholder. (SeekingAlpha)
MUX
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