McEwen unveils resource for Tartan gold project in Manitoba
- •Hey everyone, Just read this article about McEwen Mining's new Tartan gold project in Manitoba and it definitely caught my eye.
- •30,000 ounces of annual gold output from a restart is pretty interesting.
- •I’ve been trying to diversify a bit more into precious metals and smaller cap miners this year, especially with all the inflation talk.
Hey everyone,
Just read this article about McEwen Mining's new Tartan gold project in Manitoba and it definitely caught my eye. 30,000 ounces of annual gold output from a restart is pretty interesting. I’ve been trying to diversify a bit more into precious metals and smaller cap miners this year, especially with all the inflation talk. My portfolio is heavily weighted towards tech, which has been great, but I'm thinking about my retirement goals and how to weather any potential market shifts. This Tartan project, being in Flin Flon, Manitoba, is intriguing because Canadian mining has a generally favorable regulatory environment, which reduces some of the political risk you see elsewhere. I'm always looking for projects that have a clear path to production or a restart, rather than just exploration, because that seems to de-risk things a bit for my personal taste.
I've been burned before on some speculative plays that never quite got off the ground, so now I lean towards companies with a bit more of an established track record, or at least a very clear development plan. McEwen isn't exactly a giant, but they're not a pure startup either. What do you all think about this? Any of you have McEwen Mining in your watchlists or portfolios? I'm curious if anyone has deeper insights into this specific project or their overall strategy. My wife is always telling me to be less "all-in" on one sector, so this could be a good step.