McEwen Mining (MUX) is a copper company much more than gold, which is why the stock is going down alongside the COPX ETF. MUX's most valuable asset is their Los Azules copper project in Argentina.
Borealis Mining (TSXV: BOGO) is Rob McEwen's big bet on a brand-new gold company. Previously, Rob McEwen founded Goldcorp and took its market cap from $50 million up to $8 billion.
Rob McEwen when purchasing his BOGO stake agreed to hold his BOGO shares in escrow with releases over a period of 18 months.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from BOGO of US$100,000 cash for a twelve-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.