RE:Don't over think this.Just thinking out loud but, outside of McEwen Mining, Seabridge and few others, rarely do you see significant insider ownership. Just saying...had the money been raised via share purchases by the executive team, the share price reaction in the market probably would have been amazing.
That said, all outstanding warrants have strike prices between $1.27 and $1.43 as I recall, so those in addition to this private placement should take us a fair way down the road (and act as a firm floor for the share price).