McEwen Mining Inc (MUX)

[gharma]

Resources or Proven reserves, conflicting meanings, and the article uses both . . . but it really does not matter, the tax is still the death toll ringing loudly from the bell of Sta Cruz AR's future.
No company will be forthcoming with internal proprietary info on what NI compliant resources/reserves it has, which of course will cut off access to external funding if such is needed. So will resources, at best, be developed in Sta. Cruz only at the pace of exploration by the majors that are able to self-fund?
With Sta. Cruz and Mendoza both now justly seen are mining unfriendly jurisdictions the grave of the Argentinian economic portion derived from resource sector is nearly completely dug.
JMO