McEwen Mining Inc (MUX)

[gharma]

Thanks for continuing to bring Argentine news to this board JD
I almost picked up some of the ridiculous MUX under 1.2 when it gapped down at open, but the slam on precious metals reminded me how sharp the knife currently is. It is looking like AU closes on a Friday below the (supposedly) much watched 1180 and with Au/Ag at 72.5 which I can't remember seeing since ancient history despite recovering $0.65 or so to close near its high of the day. Seeing Ag down in mid 15.6 area this am was for me the reminder of how sharp that knife is right now under the direction/determination of the powers that be for whom IMO cost of intervention is of no concern. Dangerous but exciting times.
GLTA and watch out.