Well said Moose.

Stock dilutions are rarely viewed upon as positive occurrence by any shareholder, and rightly so when the value of your shares have suddenly been discounted. However if the company can use the money to add value as ECU did with the financing earlier this year to buy the oxide mill from Helca, then I don't have a problem with it.

We would be in a much more precarious financial situation right now had ECU not taken action then. We should give management some time to see how they translate this relatively small financing into value for the shareholders.

If it somehow discourages the institutions to stop shorting the company in search for a financing window, well that is a huge benefit in my opinion since it will help remove some of the perpetual stock overhang that we have witnessed over the past few weeks.