Check out Argonaut Gold....They just announced an equity financing of 437,000,000 shares at .45 $cdn for 195 million $cdn.This is a dilution of around 132% !!.. 332 million shares x 132% = 437 million new shares.= 769 million shares outstanding......They announced earlier today that they acquired a line of credit of about 323 million $ cdn...The pigs on Baystreet and Wallstreet absolutely raped and pillaged the existing shareholders...It's absolutely disgusting what the Money Power did to Argonaut Gold...AR got all this money to pay for a new mill in Canada at a financing that was almost one tenth of the 52 week high price.Karora on the other hand, fortunately , at least in comparison to AR, raised 69 million$ cdn with the creation of only 14 million new shares plus maybe 2 million more shares being given to the owners of the Lakewood mill for a total dilution of around 10%, ..But Karora gets a new mill right away that is fully functioning , plus they have the means to continue to upgrade Higginsville mill , albeit maybe slower than they planned, but nevertheless, will have eventually 3.7 million tons of mill capacity from both mills by sometime in 2024 , ( 2.6 million tons right now)...So Krr sells 14 million. shares at $4.80 each even though the share price is presently now at $3.54 each...KRR got that bought deal done just in the nick of time, and avoided this huge downdraft in the gold stocks and somewhat stuck it to the f--ing bankers...Call it luck or whatever, but Krr did ok , all things considered...Of course Krr's share price was brought down from the 6-7 $ range in the first place to suit the bankers and then they finalized the deal at 4.80/share...So yes Krr got ripped off but nowhere near what AR has endured...btw, I am not a shareholder of Argonaut...my sympathy goes out to the AR shareholders but the share price should recover in the months ahead because the market will eventually revalue AR much higher when that Mangino mine gets completed and starts producing early in 2023...