Copyright © 2013 Knight Sac Media. All rights reserved.http://www.siliconinvestor.com/subject.aspx?subjectid=58536________________________[graphic]_________________________ [graphic] An Indepth Explanation of McEwen Mining by Rob McEwen presented to Manhattan Investors October 2012 [youtube video] McEwen Mining Timeline, an interactive catalog of McEwen Mining History [graphic] Everyone Entering the...http://www.siliconinvestor.com/images/Logo380x132.pnghttp://www.siliconinvestor.com/subject.aspx?subjectid=5853638013210rdl1961JW@KCS: As I have said before, I fell for Rob's line "hook , line and sinker". I wish I never had heard of Rob but that is my issue. You mentioned patience. I have patiently listen to Rob lower San Jose dividend projections from $8 million a quarter to $5 million to zero. I have patiently watched the market devalue L...http://www.siliconinvestor.com/readmsg.aspx?msgid=289596606/19/2013 1:02:36 PMMatt.gSelling out of Argentina on the very cheap would be painful but the monies could be put to much better use in Mexico and eventually produce something called cashflow versus being mugged in San Jose. Other miners are shelving their long-term projects, there's no evidence of any appetite to purchase existing production a...http://www.siliconinvestor.com/readmsg.aspx?msgid=289595296/19/2013 12:09:27 PMJW@KSC"so why are you and everyone else so wishful for Argentina?" Perhaps because with age I've learned the advantages of patience. This is especially true in investing. Whether it is purchasing Yahoo during its IPO and it sat at $10. for the first 3 months, or inve...http://www.siliconinvestor.com/readmsg.aspx?msgid=289593106/19/2013 10:51:44 AMrdl1961JW@KSC: so why are you and everyone else so wishful for Argentina? I have read several articles about Argentina on Goldseek and my take is that the Argentina is focusing on its agriculture resources rather than mining. In addition, the government is loaded with communists and very left leaning socialists. Selling out ...http://www.siliconinvestor.com/readmsg.aspx?msgid=289579876/18/2013 2:36:38 PMJW@KSC Argentina's Santa Cruz province slaps a 1% annual tax on mine resources, a move mining companies say they will challenge in court. While the percentage seems small, miners say it will cost them $100M in new taxes next year, as the tax amounts to ~8% of the total resources of a mine with a 15-year life. Among min...http://www.siliconinvestor.com/readmsg.aspx?msgid=289577176/18/2013 12:56:37 PMlabaguettehttp://www.siliconinvestor.com/readmsg.aspx?msgid=289551746/17/2013 3:05:33 AMhuntforvalue"Stock market is the original home of inflationary madness in the early phases of any inflation. Later the stock market may fall into disrepute, but that is as misplaced as the original madness." "A rising stock market is a danger signal of first order while a falling stock market is a sign of returning to reality...http://www.siliconinvestor.com/readmsg.aspx?msgid=289551486/17/2013 1:11:18 AMrybackLab, Market cap in case of JAG was low but the problem was DEBT. JAG has very low cash left and almost $300M DEBT, MUX does not have DEBT which is why I mentioned you can focus on outstanding shares number in case of MUX . If MUX had debt like JAG then it would not have mattered what the market cap and outstanding...http://www.siliconinvestor.com/readmsg.aspx?msgid=289536846/15/2013 12:18:07 PMBearcatbobhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289533466/15/2013 6:56:49 AMlabaguetteunfortunately , you're right on many points. Mux will be unable to show any money for a long time unless a new event . rob is losing his premium with the recent LA charade . He didn't appreciate enough quickly the situation in argentina where the money is locked . To escape the place he took the big bet putting eno...http://www.siliconinvestor.com/readmsg.aspx?msgid=289533346/15/2013 6:21:33 AMrybackBesides the higher cost of producing Gold/Silver, three major issues impacting MUX which is why shorts correctly have no need to cover any time soon, the first is their main business is still in Argentina which is a dark pool for business, the hope was that at least Los-Azules could have been sold to help MUX's cas...http://www.siliconinvestor.com/readmsg.aspx?msgid=289532966/15/2013 2:53:33 AMTriN2Learn@Wolf: <1255.30 isn't a random number.> That intercept point seems to be about six months away. Is that a valid interpretation of the timing? Thanks, TriNhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289532516/15/2013 12:49:01 AMwolfgangreneConsidering the amount of capitulative despairing posts here, I think I see a bottom in gold, IMHO. Weekly pincher play, dramatically oversold +DI. 1255.30 isn't a random number. And yes, MUX will probably fill that little gap at 1.87/1.90 that I've mentioned bothering me. [graphic]http://www.siliconinvestor.com/readmsg.aspx?msgid=289530816/14/2013 9:07:52 PMBearcatbobIMO an asset in Argentina is worthless until proven otherwise. I would spend no money there other than what is necessary to "legally" hold the lease. I say "legally" because who knows what will be legal in Argentina tomorrow?http://www.siliconinvestor.com/readmsg.aspx?msgid=289530226/14/2013 8:18:52 PMRick H. MalchowAgreed that this is a bear market for gold. I have heard something similar to Gartman: when investor sentiment is at an all time low and the market continues to go down, that is the definition of a bear market. Flip it for a bull market. Until the downtrend lines are broken, we have a bear market. I was encouraged b...http://www.siliconinvestor.com/readmsg.aspx?msgid=289527716/14/2013 5:05:57 PMSteady888Gold has broken all trend lines.Gold is like an aging athlete now that cannot get across the finish line.Even with all the news that's supposedly bullish for gold as you can get, printing press for $$$$ a weakening $$$ at times gold cannot Rally. Gartman stated the oldest rule in commodity Trading, is when Something c...http://www.siliconinvestor.com/readmsg.aspx?msgid=289527116/14/2013 4:29:24 PMRick H. MalchowThat sums it up pretty well. A rise in POG is what we need. Even a bonanza find would probably just give a temporary boost. Here is a pretty good TA article on POG. kitco.com http://www.siliconinvestor.com/readmsg.aspx?msgid=289526316/14/2013 3:46:52 PMkarmacreditThanks for replying but my figures are dec,31 2012-total cash and liquids-78,946-Mar 31-total cash and liquids 50,660 and May15 total cash and liquids 46,197.I would appreciate if you could point to where McEwen states no revenu from San Jose in Q2.I can't find it.http://www.siliconinvestor.com/readmsg.aspx?msgid=289525726/14/2013 3:16:47 PMSteady888Been a bad week for MUX. Doesn't matter much if Gold is up or down. Use to think the sale of LA would drive the price higher and be the catalyst for expansion. Looks now like that is off the table and MUX is being devalued. Any other catalyst you see now other than Gold prices rising?http://www.siliconinvestor.com/readmsg.aspx?msgid=289522636/14/2013 12:36:56 PMlabaguettehello . check the agm presentation , it's written black on white ( slide 11) : dec 31 2012 : $ 70 921K cash (+bullion/inventories) mars 31 2013 : $ 45 122K " " mai 15 2013 : $ 37 500K " " if i can extrapolate correctly today (june 14 2013) : $ 32 000K (+") ( where are gone the RO $61 ...http://www.siliconinvestor.com/readmsg.aspx?msgid=289517046/14/2013 4:48:54 AMkarmacreditI don;t understand where you came up with 32,000,000 cash and liquid reserves.According to Q! results there postion was 50.6 million on Mar 31.Also on June 10 they stated that capital requirements are now significantly reduced to a point that their cash flow could be sufficient to fund the majority of their revised p...http://www.siliconinvestor.com/readmsg.aspx?msgid=289509646/13/2013 5:49:09 PMlabaguetterdl what i can add , is the price offered for LA might be really very low , if ever there were a buyer .( for the fun i read that for the taca site , some potential buyers cannot even get their visa from argentinians ..so that's no easy for a sale ) the only winner in this story is BMO capital market ...hired (paid ? ...http://www.siliconinvestor.com/readmsg.aspx?msgid=289508426/13/2013 4:59:08 PMSteady888Dang, MUX is the only red I have on my screen. It's "Dang" b/c MUX is my largest holding behind TC!http://www.siliconinvestor.com/readmsg.aspx?msgid=289505656/13/2013 3:20:12 PMrdl1961labaguette: my take on a couple of your points: 2) on the asset sales, I think that the price was way to low for Rob to even consider. I was dead wrong when I said that LA would fetch .01/lb of Cu, the offering price was more like .0025/lb of Cu. The same could be said for San Jose. This leads to a real problem becaus...http://www.siliconinvestor.com/readmsg.aspx?msgid=289505616/13/2013 3:18:46 PMlabaguettemay i resume the situation ? now , we know : 1° we are unable to borrow any kopeck in this sad environment . 2° we are unable to sale any asset . 3° 70 % of our income depends of hochschild 4° no hope to increase it before around 3 years 5° we burn $5 millions each month until now 6) our cash position is roughly ...http://www.siliconinvestor.com/readmsg.aspx?msgid=289501266/13/2013 12:41:22 PMRick H. MalchowGroupthink is one of the biggest dangers of reading and posting to these boards. It is good to have some differing views without getting personal. IMO.http://www.siliconinvestor.com/readmsg.aspx?msgid=289496156/13/2013 9:48:08 AMStemuliteWorksryback and the South American......A marriage made in heaven....Who Are You RYBECK?http://www.siliconinvestor.com/readmsg.aspx?msgid=289493076/13/2013 3:18:30 AMStemuliteWorksHaHaHa, no offense, but most that read this board are Americans. At first I took you for one but after this post you sound very South American. You might want to clean up your posts if you want to be taken seriously here. Want my opinion? You are a Shill, a mole labaguette...... Release the Hounds! http://www.siliconinvestor.com/readmsg.aspx?msgid=289493056/13/2013 3:15:19 AMrybackLab, I agree with you, there is also another problem on top of all these issues and that's the outstanding shares which is close to 300M and that means the current market cap ( outstanding shares X price per share) is high in compare to cash they are generating and that also will keep the share price depressed, too ma...http://www.siliconinvestor.com/readmsg.aspx?msgid=289492546/13/2013 1:51:59 AMlabaguetteKarma , LA is unsalable . we have to wait the taca sale ( a far better place ) to take into consideration the LA sale . and you know wath ? lumina copper is in freefall right now . 240 market cap with a nasty chart . The miners doesn't want south america . KGC abandon 10 millions oz gold at fruta del norte , blockades ...http://www.siliconinvestor.com/readmsg.aspx?msgid=289492496/13/2013 1:36:44 AMCiga Wolf i see Mux by 5 very soon,junior miners will fly Nikkei is down 700 points Gold 1392 http://www.siliconinvestor.com/readmsg.aspx?msgid=289489896/12/2013 10:11:28 PMwolfgangrenehttp://www.siliconinvestor.com/readmsg.aspx?msgid=289485456/12/2013 5:44:43 PMkarmacreditThere's still L.A.It may not take 3 years to sell.Also more good exploration results would help the share price.http://www.siliconinvestor.com/readmsg.aspx?msgid=289484706/12/2013 5:00:01 PMlabaguetteI hope we will revisit this kind of target but @ 3.6/3.8 that's represent more than 1.1 billion market cap ....for 130K oz /year and no hope to do better before 3 long years ... of course gold could jump to the 5000 as somebody told us ... it's not a critical of your"s technicals .Just putting the perspective with t...http://www.siliconinvestor.com/readmsg.aspx?msgid=289483786/12/2013 4:13:04 PMBarkleyThe portion sold at target 1 was re-purchased yesterday. Here's to rooting for Target 2 :) [graphic]http://www.siliconinvestor.com/readmsg.aspx?msgid=289474966/12/2013 11:08:22 AMPulpCutter...extremely high silver grades are present. Hole CSX031 intersected some of the highest silver grades inside of the El Gallo Complex, returning 1,849 gpt silver over 10.5 m, which included 3,425 gpt silver over 5.4 m. The high grade appears to occur in a previously unknown steeply dipping structure, which may be a "fe...http://www.siliconinvestor.com/readmsg.aspx?msgid=289472536/12/2013 9:20:40 AMbostmaCentral Zone Continues to Expand at El Gallo 1 Mine Regional Drilling Delivers High Silver Grades Over Good Widths 06/12/2013 mcewenmining.com  TORONTO, ONTARIO--(Marketwired - June 12, 2013) -McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is pleased to announce exploration results from two areas within the El Gallo Co...http://www.siliconinvestor.com/readmsg.aspx?msgid=289471836/12/2013 8:40:27 AMrdl1961JW@KSC: here are the facts that you failed to mention: 1) Comparing GG to MUX is laughable. GG could raise a billion dollars or fund Cerro Negro with internal cashflow. Rob could not get a bank loan for EG2 and he does not have the internal cashflow to complete EG2, 2) Rob was trying to do some financial engineering ...http://www.siliconinvestor.com/readmsg.aspx?msgid=289471496/12/2013 7:55:01 AMJW@KSCRDL1961 - on May 28th you stated "labaguette: how much capex would be required for lexam to start production and at what capacity. To me, it is more interesting that GG has a "world class gold project" in Argentina but GG...http://www.siliconinvestor.com/readmsg.aspx?msgid=289469516/12/2013 12:35:01 AMkarmacreditThank you Rich Wolf for that 'Dollars for miners in Argentina"article.IT brightened my day.http://www.siliconinvestor.com/readmsg.aspx?msgid=289463916/11/2013 6:11:44 PMSteady888I guess there were no serious offers for LA. And it's becoming cleared everyday that the PM are really in dire need of higher prices for survival for many of them. How they spent $$$ the past 3-4 years was insane. Thought they would never see this day coming and it will get worse. Can Cap Ex cost stay this high? Doubtf...http://www.siliconinvestor.com/readmsg.aspx?msgid=289462966/11/2013 5:10:14 PMMatt.ghttp://www.siliconinvestor.com/readmsg.aspx?msgid=289459706/11/2013 2:45:38 PMrdl1961Matt.g: you forgot some points: 1) Rob is stuck still stuck in Argentina, 2) Rob is overstating production by including San Jose production in his production numbers and projections, 3) What is going to propel MUX stock higher? I seriously doubt that 30,000 Au production and 305 million share float is going to get ...http://www.siliconinvestor.com/readmsg.aspx?msgid=289459506/11/2013 2:36:37 PMlabaguetteAdios sp 500 ; just a little more than 200 koz in 3 or 4 years ..... what a performance ...! it has needed 10 years to do it .... too much charade....that's so disappointing and tiring . ....and now they tell us tremendous profits to come of course...( so why to have think mill ?)... the less you produce , t...http://www.siliconinvestor.com/readmsg.aspx?msgid=289455166/11/2013 12:01:00 PMRich Wolf" A "special dollar" for mining in Argentina. ? " Cross-post from IV PM board: Argentina mining solution ? incakolanews.blogspot.com  A "special dollar" for mining in Argentina. A new and potentially positive development for mining companies in Argentina is that according to several reports ...http://www.siliconinvestor.com/readmsg.aspx?msgid=289446786/10/2013 10:10:32 PMPulpCutterUS banks & large traders have just closed gold shorts & added long at record rate... [graphic]http://www.siliconinvestor.com/readmsg.aspx?msgid=289445276/10/2013 8:51:49 PMMatt.gThis looks to be the best decision McEwen Leadership has made in some time, time to hunker down until the storm blows over. Deferred El Gallo 2 - 2016Deferred Sale of Los Azules - indefinitelyEliminate cap ex needs - immediateEliminate "unknown" factor - immediateReduce aggressive profile of the direction of the compan...http://www.siliconinvestor.com/readmsg.aspx?msgid=289443986/10/2013 7:29:00 PMPulpCutterLA off the market. "...we believe will command a better price in the future." I'm in favor of the decisions EXCEPT it's unclear to me why we can't swing to running profits. http://www.siliconinvestor.com/readmsg.aspx?msgid=289443966/10/2013 7:27:27 PMRich WolfYou beat me to it! I continually find myself in complete agreement with all decisions made by management. I am glad they don't sell Los Azules for too low a price, even if we have to wait 5 years or more to realize the full value. And the redirection on El Gallo II is spot-on. I'm glad we can count on Rob and the team...http://www.siliconinvestor.com/readmsg.aspx?msgid=289443946/10/2013 7:26:32 PMMatt.gMcEwen Mining Inc.: Lower Metal Prices and Higher Cost of Capital Drives Decision to Reduce Forecast Production Growth from 290,000 to 225,000 Gold Equivalent Oz in 2016; Capital Requirements Now Significantly Reduced; Los Azules Sale Deferred 06/10/2013 Download this Press Release (PDF 1.22 MB) TORONTO, ONTARIO--(M...http://www.siliconinvestor.com/readmsg.aspx?msgid=289443806/10/2013 7:18:03 PM