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Sunday, 02/16/2020 8:22:27 PM

Sunday, February 16, 2020 8:22:27 PM

Post# of 7349
Ran across these data points in a SimplyWallSt article. I don’t wanna give away in proprietary info, but in my own words...

In the last 3 years, MUX share price is down from $4.38 - a whopping 74%. And over the last year the share price has fallen 47%, (down 35% in the last 90 days)

AT THE SAME TIME...in the last three years, McEwen also seen its revenue grow by 29% per year, compound!

Of course we shareholders are aware of the recent dilution, but if that is behind us, as several here have suggested, MUX may have a stellar 2020. I sure hope they are done financing using shares. Of course the silver lining there is someone believes those shares are going to be worth more than they paid for them, but that also means more selling into any run.

Last week’s action was less than inspiring and I’d say there is a 50/50 chance we retest 1.06, 1.02, or even go sub $1, but I also think the 1st Q may be the last chance to get shares on sale.
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