McEwen Mining Inc (MUX): No, not a fan at all of people who "loan...

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Re: wshaw14 post# 6751

Friday, 12/10/2021 2:50:18 PM

Friday, December 10, 2021 2:50:18 PM

No, not a fan at all of people who "loan" money to their own companies at 9.75% interest with an upfront load of 3.75%
Especially when it's 50Million.

https://www.mcewenmining.com/investor-relations/press-releases/press-release-details/2020/McEwen-Mining-Closes-the-Refinancing-of-Its-50-Million-Debt/default.aspx

And yes, it is my opinion that.... that is BILKING.,

That type of monthly "interest" payment is a HUGE weight on any share price appreciation. Especially here. Look at the 3 year chart.

Then to raise money for a separate entity that will be SPUN off. If they can even make it happen. 40million more.

That's my take - no more responses from me.

Happy Holidays.

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Recent MUX News

McEwen Mining Q1 2024 Results Conference Call • GlobeNewswire Inc. • 05/06/2024 03:14:03 PM
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