Yes he does!! I saw an interview recently .. He didn't seem all that concerned. I don't get it! Gold up $35-40...and mid miners/MUX only up a few cents?? barely??? I'd be ripped!! and now ...production taking a covid hit...not looking great!
stlogic: Gold and Silver are strong. Central Banks are going all in on Helicopter Money so the precious metals will remain strong. The Wuhan Virus will hopefully fade into summer and all the closed mines will be reopened. MUX will be over $1.00 before the Exchange deadline. I think it was last week that I predicted Gold would cross the $1700 level relatively soon. It has. Even faster than I expected. New all time highs > $1900 are not far behind. I expect those to come by summer. And $2500 by year end. Even if the gold-silver ratio does not improve in favor of silver we would still see silver at $25 an ounce by year end at least. With those kinds of precious metal prices there is no way that McEwen will fail to make money for his shareholders. I stand by my other prediction when this stock was trading in the 0.50s....MUX will hit $5.00 at some point at a minimum. That is a 4 or 5 bagger for many of the current holders of the stock. A 10-bagger for those with exceptional timing. And this will transpire while general equities are falling by 80% or more by 2023. Hang tough. We're going to do well with this stock in time.
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