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

McEwen Mining (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.
Comments (1)
  • Gigem77
    , contributor
    Comments (1209) | Send Message
     
    McEwen has a good rep, but can MUX overcome the Argentinian problem? Won't the share price lanquish behind other miners? The mining etf NUGT looks like a better trade.
    18 May 2012, 10:11 AM Reply Like
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