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NEW TRADE: MUX / McEwen Mining...   will update Month End and Year End positions later

... But meantime, here is a New trade from last Friday

Bought 1,000 MUX shares at C$1.14,  costing C$1.14 x1,000= C$1,140. 

Mentee got this, by selling ...

Sold.   3,400 SMD shares x0.35= C$1.190 - $1,140, and repaying C$50 on the Loan

CHART Update:


The SMD shares originally cost $0.39 a share, or C$1326, so selling them meant booking a Loss of $C0.04 x 3400= C$136.

If we add that loss to MUX cost ($1,140, +$136 = C$1,276),  it is as if we bought the MUX shares at C$1.276 per share,

which is 23.9% above the Low of Year ($C1.03), and 38.4% below the High of 2021 ($C2.07)

MUX in C$. from Jan.2016: 5yr: 2yr: 1yr: 10d / Last: C$1.14


> MORE on: MUX thread: "xx"

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UPDATE, with new trades (MUX eventually was unwound.)

Last: SMD.v : 10d : C$0.41 / MUX.t : C$1.13 = 36.3%


MUX was disappointing - had some bad news, but is bouncing back now - to breakeven in overnight trading.

I have agreed to unwind the SMD > MUX swap from a few weeks ago.

This will help Mentee's NAV slightly, since that will also unwind the small loss on the swap trade.


Meantime, we SOLD 1,000 GSVR shares at $0.69 and exercised the warrants at $0.45.

This will result in profit on the trade of $0.24 x 1,000 = C$240 -$30= C$210 ( x41.44= C$8,700 )

That's not a big score,  but it is an 8-bagger, +700% Gain on the cheap $30 cost

THESE moves will help to recover some of the big loss on WM.t / Wallbridge, which was in a downtrend until recent days.


WM.t / Wallbridge Mining... 2-yr1-yr / Last: C$0.36 +0.01, +2.86% (YrL: $0.305 - YrH: $0.68) : 14.7% of range




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  • 2 weeks later...

Many are in uptrends now... or may be soon

Update:  WM: 0.35


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