Great discussion here today . Kudos to RabidTiger for initiating it.

I was trying to find a discussion we had here before concerning the PPs but I can't find it. My understanding is that the amount of them doesn't matter. If the funds raised are used in qualifying expenditure then they are worth 4 times depending on the back in option from Teck. This means that although the dilution in shares is face value, the value to shareholders could be up to 4 times face value. So assuming the funds are used correctly, these PPs are adding value to the company and therefore our shares. Did I explain that correctly? or even coherently..???

I guess it doesn't even matter if the market reacts differently anyway

Hmmm....I think I just gave myself a headache...

Anyway, great discussion

GLTA

bbay