rg - I don't object to the company raising money when they need it, that is what juniors have to do to survive. And after what we've been through the last year or two I can understand why they might want to have some extra cash in the bank. I just felt that they probably could have gotten away with raising less money and without a warrant. The additional PP indicates there was strong demand for the offering. They announced the first tranche of the first PP was closed and the rest of the first PP is expected to close shortly so this will soon be history and then the focus will be on execution. If the company can start generating significant cash flow then there should be no reason for dilution in the future. From what they have said, there should be more than enough cash generated to fund all exploration activities even at just the test mining production rate.

tsl