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DESPERATE Need for Cash? With Wts? Disgusting ! Each Unit is priced at $1.55 and consists of a share of common stock and one-half of a warrant to purchase common stock. Each full warrant is exercisable into one share of common stock. The warrants are immediately exercisable and have a term of three years and an exercise price of $2.00. March 29, 2019 McEwen Mining Announces Closing of US$25 Million Registered Direct Offering March 28, 2019 McEwen Mining Conference Call March 26, 2019 McEwen Mining Announces US$25 Million Registered Direct Offering Rob McEwen, Chairman and Chief Owner of McEwen Mining, stated “We are very pleased to have successfully completed this equity raise as it fully funds the Company’s current mining projects and exploration prospects. At Gold Bar in Nevada, our exploration will be testing deep targets for Carlin style high grade sulphide mineralization, such as exists 25 miles to the north at the Cortez Hills Mine. In Argentina, we plan to develop an all-season access route that should enhance the value of our massive Los Azules copper deposit. In Timmins at the Black Fox mine, we plan to modernize the mobile fleet with the objective of driving down operating costs and increasing production. Accordingly, we are pleased that our production guidance for the year is 205,000 gold equivalent ounces, which is a 16% increase from 2018. In addition, we have a large and exciting exploration program that we expect will generate news throughout the year.”

Looking into MUX further to understand its "dogged-ness" ROXG and MUX have similar production - but check this comparison Symbol :Company---- : Last$: E.P.S.: PE-R: Yield: BkVal: MktCap: netDebt Ebitda EVal/e: nDt/e: P/BV: fx Roxg.t: Roxgold ------- : $0.92: $0.09: r10.2: 0.00%: $0.43: $340.M: $000.M: $92.1m: r3.56: r00.0: 214%.: C$ Gcm.t: GranColum.G. : $3.67: (0.01): r0.00: 0.00%: $5.10: $177.M: $74.1M: $99.3m: r2.17: r0.75: 72.%.: C$ Mux.t : McEwen Mng.: $2.00: (0.13): r0.00: 0.58%: $1.41: $684.M: $55.8M: (17.1m): rN/a: rN/a: 142%.: C$ GORO: GoldResource : $3.93: $0.16: r24.6: 0.51%: $2.16: $241.M: $000.M: $33.2m: r7.15: r00.0: 182%.: US CDE - : Coeur Mining : $4.08: $0.00: r0.00: 0.00%: $4.19: $828.M: $458.M: $123.m: r9.77: r3.72: 97.%.: US AG -- : First Majestic- : $6.58: (1.11) : r0.00: 0.00%: $3.07: $1.30B: $155.M: $52.3m: r26.6: r2.96: 215%.: US Cco.t : Cameco Corp. : 15.75: $0.42: r37.5: 0.50%: 12.62: $6.23B: $1.50B : $627.m: r10.6: r00.0: 125%.: C$ That NEGATIVE Ebitda is pretty shocking. Perhaps this is why the stock price is so weak.

I sold some MUX (like 20%), when I should have sold ALL/ Got into ROXG (below current levels) in reasonable size. Will be looking into MUX further to understand its "dogged-ness" ROXG and MUX have similar production - but check this comparison Symbol :Company---- : Last$: E.P.S.: PE-R: Yield: BkVal: MktCap: netDebt Ebitda EVal/e: nDt/e: P/BV: fx Roxg.t: Roxgold ------ : $0.92: $0.09: r10.2: 0.00%: $0.43: $340.M: $000.M: $92.1m: r3.56: r00.0: 214%.: C$ Gcm.t: GranColum.G. : $3.67: (0.01): r0.00: 0.00%: $5.10: $177.M: $74.1M: $99.3m: r2.17: r0.75: 72.%.: C$ Mux.t : McEwen Mng.: $2.00: (0.13): r0.00: 0.58%: $1.41: $684.M: $55.8M: (17.1m): rN/a: rN/a: 142%.: C$ GORO: GoldResource : $3.93: $0.16: r24.6: 0.51%: $2.16: $241.M: $000.M: $33.2m: r7.15: r00.0: 182%.: US CDE - : Coeur Mining : $4.08: $0.00: r0.00: 0.00%: $4.19: $828.M: $458.M: $123.m: r9.77: r3.72: 97.%.: US AG -- : First Majestic- : $6.58: (1.11) : r0.00: 0.00%: $3.07: $1.30B: $155.M: $52.3m: r26.6: r2.96: 215%.: US Cco.t : Cameco Corp. : 15.75: $0.42: r37.5: 0.50%: 12.62: $6.23B: $1.50B : $627.m: r10.6: r00.0: 125%.: C$ That NEGATIVE Ebitda is pretty shocking. Perhaps this is why the stock price is so weak.

At /Near the BOTTOM of Trading Ranges? URA / Uranium Shares etf ... update : Last $12.49 +0.09 URA / Global X Uranium ETF ... All-data : 5-years : 2-yrs : 6-mos / 10-d : vs-CCO.t : CCO.t ;  U.T /Uranium, etc. ... 6-mo : fr. 9/30/2018 - Last: C$4.46 +0.02 (12mo. Range: $3.70 - 5.14) THIS CHART suggests that U.T may find support a little lower, like r-7.1 to r-7.2 ===

AFTER LOOKING at all these charts... I am less confident that Oil & energy have broken out, Instead, it is possible that WTI Crude is rolling over at around $60. ($67?) Here's the Brent Oil chart Comment: Possible peak below $70 I was wrong about U /Uranium a few days ago. It did not follow USO in a rally USO - U.T etc. 10d /

Oil Prices may be Stalling out near $60 Energy price at a "pinch point"? Energy bellwethers : fr 6/1/2018 : WTI crude /Last $60.14 +$0.84 USO /US Oil etf ... 10-yr-L : 5-yr-Log : 3-yr : 12-mo : Last: $12.50 -- $60 /12.5 = r-4.8 Ratio: WTI-to USO : ratio: 4.81 ==

'NIGEL, NIGEL!' Moment crowd ERUPTS as Nigel Farage delivers POWERFUL Brexit speech THIS is the moment a crowd of Brexiteer protestors burst into joyful chanting as Nigel Farage delivered a passionate Brexit speech. Read more: WHAT REALLY HAPPENED | The History The US Government HOPES You Never Learn! http://www.whatreallyhappened.com/#ixzz5jbpSarIb

GCM. t compared with GDXJ ... 10d : C$3.75 -2.09% (US$2.81), GDXJ: $31.71 -3.56% xx Ratio: TPRFF to GDXJ : 10-day : (US$2.81), GDXJ: $31.71 = r-8.86% GCM.t/ TPRFF vs. GDXJ, GORO ... update : ==

SOLID EARNINGS for GCM - I am surprised the stock did not close higher "adjusted EBITDA(1) of $23.7 million for the fourth quarter of 2018" Gran Colombia loses $3.37-million (U.S.) in 2018 2019-03-27 18:40 ET - News Release Mr. Mike Davies reports GRAN COLOMBIA GOLD REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS; REACHES NEW HIGHS FOR PRODUCTION, ADJUSTED EBITDA AND OPERATING CASH FLOW; BALANCE SHEET STRENGTHENED; INCREASING FOCUS ON GROWTH PIPELINE Key EXCERPTS: + Adjusted EBITDA increased by 36% over last year, surpassing the $100 million mark for the first time, and being a key catalyst in the 58% increase in our operating cash flow to almost $80 million and the 72% increase in our free cash flow(1) to $44 million... The Company reported adjusted EBITDA(1) of $23.7 million for the fourth quarter of 2018 bringing the full year 2018 adjusted EBITDA to a total of $102.4 million, up 36% over 2017, driven by production growth, better realized gold prices and continued efforts to control operating costs. + Our debt refinancing earlier in 2018 did exactly what we hoped for, lifting the dilution overhang off of our stock and we strengthened our balance sheet, increasing our cash and cash equivalents to $35.6 million, and reducing our debt by 37% to $88.3 million, by the end of 2018. + For the fourth quarter of 2018, total cash costs and AISC averaged $698 per ounce and $929 per ounce, respectively, bringing the full year 2018 averages to $680 per ounce and $907 per ounce, respectively. For 2019, the Company continues to expect that its total cash costs and AISC averages for the full year will remain below $720 per ounce and $950 per ounce, respectively. + Adjusted net income(1) for the fourth quarter of 2018 was $14.3 million, or $0.30 per share, up from $9.1 million, or $0.44 per share, in the fourth quarter last year reflected the favorable impact on income tax expense in the fourth quarter of 2018 arising from the Colombian tax reform measures announced in December 2018 that will see a further reduction in future income tax rates. For the full year, adjusted net income in 2018 increased to $42.3 million, or $1.22 per share, compared with $22.9 million, or $1.13 per share, in 2017, primarily reflecting the year-over-year improvement in adjusted EBITDA. + In 2018, the Company completed approximately 26,800 meters of drilling at the Segovia Operations , leading to an updated Mineral Resource estimate as of December 31, 2018 with 3.5 million tonnes at a grade of 11.8 g/t totalling 1.3 million ounces of gold in Measured and Indicated Resources, up 7% from last year. Inferred Resources increased to 3.6 million tonnes at a grade of 10.1 g/t totalling 1.2 million ounces of gold, up 4% compared to last year. The Company also reported an updated Mineral Reserve for Segovia with a total of 1.9 million tonnes at an average grade of 11.0 g/t representing 688,000 proven and probable ounces of gold as of December 31, 2018, up 4% compared to last year and replacing what the Company mined in 2018. The Company completed approximately 8,200 meters of drilling in 2018 at its Marmato Project , outlining two new zones of Deeps-style mineralization and continuing to increase confidence in the geological model as it moves toward completion of technical studies in 2019 for the expansion of underground mining operations. In 2018, the Company also announced that drilling carried out by IAMGOLD over the last two years on the Company's Zancudo Project has identified a new manto structure in the North Zone and a potential ore shoot on both the Manto Antiguo and Manto Inferior structures in the South Zone, all of which merit further evaluation.

I let a few more shares go at 34 cents yesterday. May buy back, if gold shares & WM correct

WALLBRIDGE INTERSECTS GOLD MINERALIZATION AND EXTENDS THE MAIN ZONE TO 650 METRE DEPTH... IN NEW AREA 51 DISCOVERY Wallbridge drills 6.22 m of 3.38 g/t Au at Fenelon 2019-03-25 10:20 ET - News Release The first hole of Wallbridge Mining Company Ltd.'s 2019 surface drill program has intersected multiple visible gold-bearing shear zones and other abundant mineralized veins over an approximate 275-metre core length. These multiple structures and gold occurrences confirm the recently announced Area 51 discovery (see Wallbridge press release dated Feb. 21, 2019) as a target of significant size, which increases the ultimate size potential of the gold system at its 100-per-cent-owned Fenelon gold property. Assay results are pending and will be reported when received. In addition, Wallbridge continues to achieve positive results from the underground drill program targeting the extensions of the other known zones at Fenelon. Highlights: Six intersections of visible gold were observed in the first hole of the 2019 surface drilling program (FA-19-052) within Area 51, confirming the significance of this previously unknown mineralized corridor located approximately 300 metres west of the bulk sample area that was discovered by the last hole of the 2018 program (FA-18-051). The Area 51 gold system appears to have formed along the regional contact of a thus-far-unknown southern extension of the Jeremie pluton. Geophysical data indicate that this northwest-southeast-trending contact may extend over 2.5 kilometres on the property, representing one of the main targets for the 2019 exploration drill program. The Area 51 and Tabasco mineralized corridors now extend down to 500 metres of vertical depth. The main gabbroic sill and mineralized zones hosted within have now been extended down to 650 metres of vertical depth. Chalcopyrite in silicified shear zones indicates the presence of the gold-bearing system.

Wallbridge had a super day, and ROXG was up on a good earnings report WM.t $0.335 +0.04, +13.6% Gdxj : $32.88 -0.59, -1.76% GLD : 123.65 -0.65, -0.52% Gcm.t $ 3.83 -0.03, -0.78% Roxg.t $ 0.93 +0.03, +3.33% I can almost hear ... WM singing, "we are the champions" 19-03-25 10:20 C:WM 0.305 News Release Wallbridge drills 6.22 m of 3.38 g/t Au at Fenelon

Wallbridge had a super day, and ROXG was up on a good earnings report Poor relative performance for MUX continues - not a good day WM.t $0.335 +0.04, +13.6% MUX : $ 1.64 -0.09, -5.20% Gdxj : $32.88 -0.59, -1.76% GLD : 123.65 -0.65, -0.52% Gcm.t $ 3.83 -0.03, -0.78% Roxg.t $ 0.93 +0.03, +3.33% I can almost hear MUX barking like a dog, while WM sings, "we are the champions"

Wallbridge had a super day, and ROXG was up on a good earnings report Poor relative performance for MUX continues - not a good day WM.t $0.335 +0.04, +13.6% MUX : $ 1.64 -0.09, -5.20% Gdxj : $32.88 -0.59, -1.76% GLD : 123.65 -0.65, -0.52% Gcm.t $ 3.83 -0.03, -0.78% Roxg.t $ 0.93 +0.03, +3.33% I can almost hear MUX barking like a dog, while WM sings, "we are the champions"

Despite the strong performance, ROXG is LOWER than 12 months ago ROXG ... 10yr : 5yr: 2yr: 6mo: 10d: Only a small gain from the news: $0.93 + 0.03 "Higher EBITDA2 of $82.4 million in 2018 compared to $67.0 million in 2017" Reported P/E Ratio: 8.54 on Big Charts -- that is LOW for a Gold equity Earns: $36.1M / 374.5M she = $0.096 per sh. / at 93 cent = PER: 9.69 I need to look into the Life of the Gold Resource, and the grades

Roxgold earns $36.1-million (U.S.) in 2018 2019-03-26 18:40 ET - News Release Mr. John Dorward reports ROXGOLD REPORTS STRONG CASH FLOW AND PRODUCTION PERFORMANCE IN 2018 1. Highlights During the year ended December 31, 2018, the Company: Safety Strong safety record maintained with a 12-month rolling lost time injury frequency rate ("LTIFR") of 0.39 per one million hours worked; Operations Achieved increased production of 132,656 ounces (126,990 ounces in 2017), exceeding the upper limit of the increased guidance range 120,000 to 130,000 ounces; Sold 133,030 ounces of gold1 for a total of $169.2 million in gold sales1 in 2018 (126,555 ounces and $159.4 million respectively in 2017); Achieved a below guidance cash operating cost2 of $426 per ounce produced for a total cash cost2 of $485 per ounce sold and an all-in sustaining cost2 of $740 per ounce sold at the bottom end of the guidance range; Reduced operating costs per tonne processed2 by 12% compared to the prior year; Financial Higher EBITDA2 of $82.4 million in 2018 compared to $67.0 million in 2017; Achieved strong EBITDA margin2 of 49% in 2018 compared to 42% in 2017; Generated improved cash flow from mining operations2 totalling $88.8 million for cash flow from mining operations per share2 of $0.24 (C$0.31/share); Maintained a strong balance sheet with a net cash position2 of $22 million; Generated a strong return on equity2 of 23%; Growth Completion of Bagassi South project on schedule and approximately 10% or $2.8 million under budget; Announced the intention to acquire Seguela gold project in Cote d'Ivoire from Newcrest Mining in February 2019. During the quarter ended December 31, 2018, the Company: Mined 88,277 tonnes and achieved a record quarterly mill throughput of 82,241 tonnes; Produced 25,844 ounces of gold and sold 26,260 ounces for gold sales totalling $32.3 million; Achieved a low cash operating cost2 of $432 per ounce produced for a total cash cost2 of $490 per ounce sold and an all-in sustaining cost2 of $836 per ounce sold; Generated cash flow from mining operations2 totalling $13,690,000 for cash flow from mining operations per share2 of $0.04 (C$0.05/share). John Dorward, President and Chief Executive Officer of Roxgold commented, "2018 marked yet another significant year for Roxgold. We achieved several milestones including beating our production and cost guidance for the second consecutive year, resulting in strong cash flow generation and delivering a high return on equity for shareholders. We have also delivered on our growth objectives by completing our internally-funded Bagassi South expansion project, both on schedule and under-budget, providing accretive growth to our production profile. As a result of our disciplined approach to capital management, we have ended the year with a strong balance sheet while continuing to reduce debt. In looking ahead to 2019, we expect to have a strong year in which we are forecasting production to be between 145,000 and 155,000 ounces of gold. We also look forward to adding to our growth pipeline from our on-going exploration activities at Yaramoko and through our Seguela gold project acquisition."

ALL ENERGY: Oil, Gas, Coal & Uranium I am looking for ways to identify and trade the cheapest Energy sources USO/ US Oil etf looks to be the Leading Bellwether, and it has rallied Oil prices are near their L.T. Low vs Gold (USO, 7.5%) : USO-$11.88 / GLD-$138.27: r-8.59% Latest USO - vs GLD, Ngas, Oilb .... fr. Feb.2009 : 2.17.16 : 9/2017 : end2018 : 10d : ALL Energy: 12mo : fm. Apr.2018 : 10d / uso: $12.14, u.t: C$4.22, ngas: 2.34cents, btu: $9.70 - at 11/27/2019 USO-etc ... ALL : from 2001 : Jan.2007 : 7/2012 : 1/2014 : fr. 2015 : 1/2016 : 10d / USO /US Oil etf ... 10-yr : 5-yr : 1-yr : Last: $12.14 USO, ngas, btu, ca:u ... fr. 11/1/2015 : 6/1/17 : 12mo : 10d: Coal & Natgas could be cheapest, but it depends on the Time Frame you are looking at RATIO :: USO/GLD Low : 7.50% Timing : - GLD-: -USO-: %GLD : WT/u: -WTI-: Gold; wt/Au: 200 5ye: $51.58: 00.00e 00.0%: 2006ye: $63.21: $51.60: 81.6%: 2007ye: $82.46: $75.76: 91.9%: 2008ye: $86.52: $33.10: 38.3%: 2009ye: 107.31: $39.28: 36.6%: 2010ye: 138.72: $39.00: 28.1%: 0.000: $00.00/ 1405.5= 2011ye: 151.99: $38.11: 25.1%: 2.391: $91.12/ 1531.0= 5.95% 2012ye: 162.62: $33.37: 20.5%: 2.721: $90.80/ 1657.5= 5.48% 2013ye: 116.12: $35.32: 30.4%: 2.811: $99.29/ 1204.5= 8.24% 2014ye: 113.58: $20.36: 17.9%: 2.658: $54.12/ 1206.0= 4.49% 2015ye: 101.48: $11.00: 10.8%: 3.370: $37.07/ 1060.5= 3.50% 2016ye: 109.61: $11.72: 10.7%: 4.584: $53.72/ 1151.7= 4.66% 2017ye: 123.65: $12.01: 9.71%: 5.031: $60.42/ 1309.3= 4.61% 2018ye: 121.25: $ 9.66: 7.96%: 4.701: $45.41/ 1281.3= 3.54% 11.4.19: 142.15: $11.81: 8.31%: 4.787: $56.54/ 1511.1= 3.74%

ENERGY: is Pushing from both sides! Oil, UP!, Uranium, Down! ... & Coal falling to their "benchmark" level BTU vs. the U/USO "benchmark" ... fr. 11/1/2015 : $28.38, $3.27 & $12.47 : r-2??% Uranium-URPTF (U.t in USD) vs Oil (USO) ... 4yr : fr. 3/18/2015 : $3.27 & $12.47 : r-26.2% Ratio: BTU-to-USO:

ENERGY: Pushing from both sides! Oil, UP!, Uranium, Down! Uranium-URPTF (U.t in USD) vs Oil (USO) ... 4yr : fr. 3/18/2015 : $3.27 & $12.47 : r-26.2% Ratio: $3.27 & $12.47 : r-26.2% ==

A Uranium MISS? So far... My Bullish attitude towards Uranium is a MISS so far U-t/ Uranium... 4-yr : w/URA : at C$4.40, broke the 252d.MA. may be headed to 377d MA, nr. $?? U-t, etc: ... update : 10d : $4.40 -$0.06, vs. URA ($12.64), CCJ ($11.92), etc LAM fell to C$0.335

APC / Anadarko Petroleum versus USO / Oil ... update : 10d : $43.60 -0.86% / $12.25 +0.16% = Ratio: 3.56 Ratio .next day: $44.94 +3.07% / $12.47 +1.80% = Ratio: 3.60

GCM is still my largest position, and I am happy with that I still regard it as the cheapest gold mining equity

Friday, March 08, 2019 Norway’s Sovereign-Wealth Fund Moves Toward Divesting From Oil, Gas Stocks The Wall Street Journal Interactive Edition The oil-rich country faces a difficult question: Is its economy too tethered to the price of crude? Norway’s $1 trillion sovereign-wealth fund took a major step toward selling off some of its substantial holdings in oil-and-gas companies, a move to shield the oil-rich nation from the risk of permanently lower...

WM up 3.5 cents on heavy volume Nice job getting back in

Sprott & Canaccord may breakout together SII.t vs CF.t ...update : GDX-etc ... C$3.10 vs. C$5.90 Ratio: SII.t / CF.t Canaccord vs GDX shows a similar picture, with compression GDX vs CF.t ...update ... US$22.78 vs. C$5.90 Ratio: GDX -to-CF -will gold stocks soon lift CF?