RE: Dec 7th ? You sure seem to have it out for Mr. Hinse.
From what I can see he has formed a good strategy to generate cash with the least amount of outlay possible by purchasing and then advancing the status of Elder to be able to reopen the mine in the near-term, as future financing or sale of stock allows, all the while remaining debt-free. Yes, this was done with some dilution, as had to be done to fund the progress they have made. Many other juniors have long since gone bankrupt and disappeared during the more than quarter century since Abcourt last had an operating mine. He has shown remarkable constraint over that time period, which was in the best interest of the shareholders.
From where I come from we show more respect to our elders than that, especially when they have served for many years and continue to do so.
Are you the kind of guy who throws his father in an old age home before his time?