RE:A very good move....
This just saved us from having major dilution to our cabin lake project. We would need to raise 1.2 million for the drill campaign in a rushed 1st quater. Cabin lake would have also been firced to the back burner. The cash payment will also help dill cabin lake. Hopefully the stock rises enough to force the warrant exercise before we raise more money. That way we give away fewer shares in the next raise with the current warrants getting a free ride higher. Also we get a free ride at uptown if they hit big we exercise for 25%. If they don't we let it go.