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McEwen Mining (NYSE:MUX) CEO Robert McEwen sees an ultimate target price for gold at $5,000/oz....

May 18, 2012 9:28 AM ETMcEwen Mining Inc. (MUX) Stock, MUX:CA StockMUXBy: Carl Surran, SA News Editor1 Comment

McEwen Mining (NYSE:MUX) CEO Robert McEwen sees an ultimate target price for gold at $5,000/oz. by the end of this cycle, despite current weakness in precious metals prices. On the company, uncertainty related to the repatriation of funds from the San Jose mine could impair its ability to internally finance its projects. MUX +4.9% premarket.

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