HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: RCF Holdings
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so if they convert the $15 mil loan they would have over 110 million shares, 

has anyone calculated the dilution rate of 1 share over time,

what is the dilution rate of 1 share over over 5, 10, 15, years

or does it really matter in the long run

thanks,

Spot

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