- $MUX - Huge Short Interest 18% Way 2 Play Coming Gold Rally McEwen Mining- $MUX Tremendous growth prospects ahead - The first thing I look for when investing in a company is its management and its potential both in the short term and longer horizions. $MUX has a key advantage to other Junior miners becuase its led by Rob Mcewen the X (ceo) of Gold Corp. Rob has a wealth of industy experience and unlike most CEO's his interests are closely alligned with his share holders. He only takes $1 dollar a year, no bonus or no options to be the (CEO) of MUX. His success just like his investors is based on the company suceeding, he has a 24% stake in the company which he paid about 133 mil dollars for. This is almost unheard of on Wall St where CEOS are usually richly compensated on the backs of shareholders. Fundamental Catalysts #1 The biggest reason I want to play a well run Gold company is simply because I think #Gold is going to surpass 1750+ in the next 3-6 months and want exposure to particiapate in that rally * Some reasons as catalyst for Gold* 1. China a gold back Yuan for oil www.cnbc.com 2. Geopolitical N. Korea Iran etc.... 3. Market Crash - If a correction happens gold offers that flight to safety vehicle. With the recent acqusition of the Black Fox and recent news of Gold Bar heading into production, should be a banner year for MUX to ramp up production into 2018 and beyond. "Buying the Black Fox Complex provides fantastic synergies with our recently acquired Timmins deposits. Our objective is to build a long-term production platform with a robust pipeline of production, development and exploration assets, all feeding into a single processing facility. This acquisition will add immediately to our gold production, but is just the beginning of a new chapter of growth for McEwen Mining,” said Rob McEwen, Chairman and Chief Owner. “Black Fox comes with a talented operating team, an underground mine producing 50-60,000 ounces of gold in 2017(1), a processing facility with excess capacity, two future development opportunities, and excellent exploration potential. Combined with our existing portfolio of Timmins deposits, I believe this is a logical and potent combination.” Rob Mcewen $MUX NO DEBT and 60 Mil in liquid Assets stockcharts.com Technicals : I believe $MUX to be setting up for a breakout move, in the advent of a general market top then crash, expect we will also see a transition to commodity sectors starting any day, so $MUX should benefit as well from that exposure. The chart is signaling a breakout over the 2.30 and 3 level to come in the short term, with 18% short interest I believe a 3 dollar break could send this another 100-200% ++ , with the thesis that price of gold breaks 1400+ by years end and considering the huge short interest in the stock. A price target of 5-10 seems attainable in the next 12-16 months if Gold price can surpass 1750-2000+++ This is my second Idea I posted here, my first idea delivered over 200% + so far. Its all my opinion and you should do your own research, none of this should be construed as investment advice. I am currently long in $MUX or will be very soon , and my position might change at any time. $MUX current price is 2.09 Longby InvisbleHand223
McEwen on the way up!Mc Ewen Mining is slowly working its way up to the 4,80 mark. We clearly see a C/H pattern and at the same time a H/S pattern. And a beautiful wedge with a base of 5.20! Gives a target of 7,35. If the patterns, we see, are correct we can buy now... or expand our positions when the price surpasses 4.80... Above the 4.80 mark we could expect an extra upwards boost to 7.usd..Longby Peter1017
MUX - 2hrMcEwen Mining bottomed earlier than many other miners. Getting a confident Elliott Wave count has been challenging. The white 1-2, (1)-(2) is still technically valid but broke below ideal support for (2). Alt blue Primary 2 can come significantly deeper, as shown. If an impulsive move forms above recent highs then that would be an early encouraging sign of much higher prices into next year.Longby nick.holland783
McEwen Mining Inc. The Dividend Paying Junior MinerMUX is run by the same person who founded GoldCorp GG, and he has a 25% stake in the company that bears his namesake. McEwen Mining also pays a dividend while you wait for the price of XAUUSD to rise, and that is a rarity for a junior miner. Full disclosure, I dollar-cost-averaged into this company at around $2.00/share. My feeling is that when gold breaks $1400 this stock is going to run. The NI43101 looks solid as well. More information can be found at SEDAR . Longby 18hrs2
MUX- Long from 4.8MUX seems forming a oscillating pattern, as it making a double bottom with hidden divergence in money-flow. If we bounce back from this bottom & breaks 4.8, the continuation will be up to 6.15 Strath Thinks that it will go to 7.5 over the next 6 months for its fundament strength. You can check our detailed analysis on DNAI in the trading room/ Executive summery link here- www.screencast.com Time Span: 15:00” Trade Suggestion Date: 6th Jul Trade Status: Pending Longby AcornWealthCorp110
Huge return on MUX Nov 4 call. As Strath predicted about Precious metal Silver & Gold we took a postion on MUX on 28th as it tested EMA 9. Longby AcornWealthCorp1
MUX Broken ResistanceChart Details: MUX has just broken its resistance and has set a new 52wk high. Can we see MUX go to $5.00 soon?Longby Rohanalal1
Long live McEwen Mining!I had to update this chart because I was following MUX for a long time and my targets all have ben hit. I was following this company after days and weeks of studying it and listening to the CEO. It has no debt and it is a gld miner. Given the environment the world is in, I think it still makes a pretty good investment and trade. I am looking to buy in the $1 to $2.5 range as per the chart. The parabolic move up has gone too far too fast. It is not a blow off top. I do I believe the price of MUX will rise to $6 to $9. This is not a day trade, but something I plan to hold for several months to years if it hits my buy order in the $1 and $2 zones. Longby RocketmanUpdated 7
MUX Moving NicelyChart Details: MUX has been on the radar for several days now. Since I have been following MUX, approximately 06/20/16, it has been up trending. Earlier this week I had readjusted the graph and it seems like mux is following the prediction nicely. Longby Rohanalal1
Watching McEwen Mining (MUX)I am watching McEwen Mining (MUX). I would like to see price move to $1.50ish before I consider it again. If it follows my pattern and continues on the way up, then I will look to buy dips around 1.16 to 97 cents, and aim for partially out around $2 to $4, while holding the rest to $7 with re-entries. This is a 1 year to 2 year horizon in price appreciation that I expect for MUX if all goes well with the company and its earnings going forward.by RocketmanUpdated 2
MUX Momentum BuyAfter MUX 6.10% gaped this morning to $3.81 with a pull back that sustained a gain from yesterday's close we may see the same thing happen again towards the day's end or even another gap up tomorrow morning. MUX 6.10% hold a positive trend through the trading day (open to 1:11pm). Longby Rohanalal2
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pennies to thousands gold and silver mining candidatebreaking out of narrow base see our chart patterns in our book same name on amazon percent r and cci good money flow strong above weekly cloud daily cloud risingLongby penniestothousands0
Mux A gold miners son - Some upside potential reached Junior gold miners have been beaten down. Weather it's enough or a complete washout is still looming... time will tell. Mux has though made the 127.2 extension of the recently high and low, so a snapback rally could be eminent. It's not a low for going long and stay... but a 1 og 2 day stay. A bottom here is not confirmed. A lower target for a washout bottom could still be hittin in the low 0.80ish Safe trading ladies and gents @BLawrenceMLongby CoinedByCrypto112