RE:RE:Curiouser
I guess it's always a game simulation / trade-off decision at this point of a project's development: will the extra 16 or 19 million shares of dilution meaningfully cut into the expected final pay-off in a takeover? Would an acquirer's heart flutter at the thought of a complete camp?
On the other hand, I guess it could be said that it demonstrates the ability of the company to push ahead with development on its own, thereby "forcing" the hand of an acquirer who might prefer to see the project on a back burner for the next few years, for whatever reasons.
Personally, I just hate to see an ever-growing share count. But I guess that's par for the course for a developer. Anyway, I appreciate the response and will keep my fingers crossed.