Maybe they could TAX all current shareholders to avoid DILUTION !
C'mon people, if they need money to increase the value of the company, how else can they get it? If they had not issued shares in the past to bring us to where we are, the lower number of UNDILUTED shares would be worth a lot less.
A small piece of a big pie may be better than a big piece of a small pie. I think dilution is when it adds no value to the whole.
How did they pay to drill the holes that are the basis for the new 43-101 which we all expect to increase the share price?