RE: 23% dilution - ouch!well at least it was a bought deal and there are no warrants attached to it... The dilution certainly creams shareholder value off the top as you suggest....There is still hope for significant gain if the company can leverage this move with a bank loan and then start building both invicta and the company thereafter... There aren't too many potentially world class copper gold assets left in the junior camp. I'm surprised the big boys and the resource hungry governments are not breaking the companies door down to get in on the sinchao opportunity. Maybe this financing will give management some leeway and opportunity to advance the sinchao project....