financingNew dilution never sends me into transports of joy but the fact that there is no warrant attached and it is priced more than 300% higher than the previous issuance(which I participated in) gives me some satisfaction. As I have said, these guys seem like real pros, making sure that they are prepared for any contingency.
With the still to come portion of the warrant exercise and this expanded offering they should be able to take the program to a point where the conclusion is within sight! And with governments continuining to quantitatively ease gold should do more than well! We are not in the final streech yet but its on the horizion-IMHO