"at least we have access to capital which is more than can be said for most juniors at this time."

The microcap companies are definitely struggling to find funding. However, the slightly larger companies with promising properties have still been able to succeed. Here are two companies that have prove this:

Royal Gold Increases KSM Royalty Option by Acquiring an Additional $18 Million in Seabridge Common Shares at 15% Premium to Market

NGEx Announces $34 Million Private Placement

Neither company had to offer warrants as an incentive.