McEwen Mining has delivered solid results in 2013, updated its resource estimates at the San Jose mine in Argentina and Gold breakout now drives the stock higher on the massive short squeeze this week. According to NASDAQ, McEwen Mining Short Interest was at 25.5 million shares in the end of February. Solid operational results, higher Gold and Silver prices are making shorts very nervous these days. Catalyst will come with the news from Nevada exploration program, El Galo 2 development with higher Silver prices and any Los Azules copper development can change the situation for McEwen Mining and TNR Gold overnight.
McEwen still hopeful of attracting a buyer for Los Azules
McEwen Mining: Fourth Quarter and Year end Financial Results MUX TNR.v GDX GLD
Argentina continues to improve and according to Rob McEwen: "We are getting money out from Argentina!" Listen to the conference call to get the latest information about McEwen Mining.
Fourth Quarter and Year end Financial Results Call
Rumour Mill: "CITIC Buying Into Pascua Lama" - Can Argentina Mining Really Make Its Come Back? TNR.v MUX ABX LCC.v
"Is this rumour too good to be true for the proud people of Argentina? Can Argentina ever make its come back in mining? On the one hand we have still the very strong perception of the high political risk and on another hand we have reports from the ground about the changing environment in the country:
