Saturday, July 4, 2015
Three lines on McEwen Mining
IKN, 3 June 2015 - McEwen Mining files a shelf prospectus to raise $200M. *
IKN, 18 June 2015 - McEwen Mining decides to initiate an annual dividend.**
IKN, 2 July 2015 - McEwen Mining no longer meets NYSE continued listing requirement.
Someone please tell Rob McEwen that I've watched gold producer stocks go to $0.00 before, and as far as I'm concerned he's been doing a damn good job of imitating them.
* - shelf prospectus means they want to raise cash.
** - initiating a dividend means they want to give away cash.