For Hans & Franz In march McEwen exercised 14+ million warrants at 10 cents. Stock was then trading around 20 to 14 cents. So it was a good idea to cash in at 10 cents. In June the company put out an nr below is an excerpt from Sedar:
Prospection On June 3, 2015, a prospecting program was initiated on both the south and north sectors of the 167 Property. It is expected that a crew of at least six geologists and technicians will be working on the 167 Property for a period of six weeks during the months of June and July, prospecting mainly for mineralized outcrops in unexplored areas of the property. The objective of the prospecting program is to identify the sources of the various boulders found during our previous prospection and exploration programs. As Visible Gold Mines cannot guarantee the origin of some of the boulders collected on the 167 Property and in order to avoid any potential contamination of samples collected to date caused by the significant work done during the construction of the new 167 provincial road or caused by any other source the prospecting team will focus on prospection and exploration of outcrops and boulders located further away from areas which may have been contaminated. Visible Gold Mines believes that the outcrops samplings method will provide more accuracy on the origin of the samples, which is not the case with boulders that can come from different sources, even sources external to the property.
VGD now trades at the 4 to 5 cent range. Let's see how long McEwen hangs on to those shares.