Rubicon Minerals Corp.  (RBY) Trade Now »     Rate RBY  -  Discuss RBY  -  Add to Watch List        

Readers of this blog are very familiar with U.S. Gold: UXG, the company run by former Goldcorp CEO Rob McEwen. But McEwen also owns over 32% of another junior mining company, Rubicon Minerals: RBY. Earlier this year, McEwen invested another $10 million investment in Rubicon , purchasing 14,285,714 shares at a price of $0.70 and also receiving as part of the deal 7,142,857 two-year warrants with a strike price of $1.50. The stock price has more than tripled since then, generating phenomenal returns for McEwen and the institutional investors who joined him.

Thanks for all the positive feedback on the post about the Newgold (NGD)- Western Goldfield (WGW) merger and the possbility of a U.S. Gold (UXG)- Rubicon Minerals (RBY) deal. Many have asked what other gold mining companies I own. Here’s the current list: Yamana Gold (AUY), Banro Corp. (BAA), Claude Resources (CGR), Golden Star Resources (GSS), NovaGold Resources (NG) New Gold Inc. (NGD), Northgate Minerals (NXG), Rubicon Minerals (RBY), Western Goldfields (WGW), U.S.Goldcorp (UXG).