McEwen Mining Inc (MUX)

[wshaw14]

On the surface the new Feasibility study does not look all that positive,but looking under the hood IMHO it does. It seems they are finding some higher grades with greater lengths which will increase the reserves when proven up. Since the costs of production is calculated on only the reserves, as the reserves increase the AISC will decrease substantially. This is all imho. Rob obviously believes the potential of the property is much greater than portrayed in the current feasibility study, and I fully trust Robs opinion.