Sunday, September 28, 2014

McEwen Mining MUX - Undervalued Potential

I think McEwen Mining, ticker symbol MUX is a great stock.  I am long in it.  It has mineral rights interests in various locations including in Nevada. We all know that Reno and Las Vegas are home to big time gambling,and I would say that buying this stock has similar risk because it is not yet profitable.  However, it has been highlighted as a top pick by well known sites such as 24/7 Wall Street I believe, and I would take a modest roll of the dice on it with the potential to strike it rich with a 10 bagger if its plans work.  That's a significant if.

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