If the dilution theory is in fact true, it would prove two things to me. It would show me that management is incompetent diluting the company at a point where the share price is down 95% from the highs. It would also show me that the "drunken sailor" theory is not a theory at all as there is not even enough of the 24 mil recieved from Teck to keep the lights on or write Elmer's disclaimers. I don't mind some small investment from Ernesto to keep going in exchange for shares but any kind of major dilution is just a kick in the nuts to shareholders that have been waiting for years for something to happen. That would be my opinion....