McEwen Mining Inc (MUX)

[gharma]

MUX right or wrong is still behaving as a leveraged tracker of silver for the most part.
Just chart out MUX and some stand-in for AG, like SLV, and look at their behavior since the start of August. AG up x, MUX up some small (more than 1) multiplier of x, AG down y then MUX down some similar, small multiplier of y. Sometimes a day delay, sometimes not, but very AG price sensitive.
MUX needs more recognition for its strengths beyond San Jose production (pipeline, conservative use of cash-flow, etc.) and some quarters of reported gold production, then the strong binding to AG volatility may start to weaken.