Replies to post #5896 on McEwen Mining Inc (MUX)

[4Godnwv]

All I can say is...I’m buying

[4Godnwv]

Well, I can say one more thing. A lot of investment firms won’t buy below $1 - so McEwen has to do something pretty quick to push the pps back up. I expect a nice bounce next week. With the conference call coming on the 11th, they will no doubt add a few juicy ‘forward looking’ statements to the report.

I don’t think this week is as much a reflection of MUX as it is general market nausea over supply chain disruptions caused by CovD-19. Place your bets.

[bigworld]

Chrisny: Average down when you can. The selling in gold and silver is way overblown. True panic selling for no legitimate reason. Gold is down almost $70 bucks today. I think we will hear the IMF plus the Central Banks, inclusing the Fed, come up with some coordinated response this weekend. I'm guessing a 1/2 point drop in interest rates for starters. The Fed needed a 10-15% drop in the markets, they were too frothy. But I doubt they want a 20% drop. But there is no misteake, this was a horrible week for investors. Not just MUX. Every mining holding I have got slammed. Last I looked 99% of all the stocks in the Wilshire were down this week. There was nowhere to hide but in cash and Treasuries.