De Grey mining shares diluting

One of the instruments how management can to protect company from take over(pity not our case) it is diluting company shares,so merger or buyout would be very expensive for bidding party,from the other hand diluting washing out shareholders value per stock while leaving company value unattached-secret about which managements do not likes to talk to shareholders,as accepted in USA/Canada when company planning stock issue/read money printing by FED,its usually if taking care of its shareholders offering to them some part of it at discount price to compensate shareholders for dilutingaimler Benz and Chrysler merger,shareholders received 10% bonus in shares which most of them cashed out next days while stock continued to rise in price,Gold Corp sharing its profit in gold dividend with its shareholders.....negative side of dilution for shareholders is not return on shares issue,as for purpose of funding developing the deposit in form of low grade or bad results,positive results satisfy new printed shares as it delivers value on those funds invested,similar for management salaries,they can to receive any awards or bonuses out of delivered value to shareholders,all other cases considered unfair practice !

When management do not diluting shares at cosmic speed like De Grey,shareholders may unite and control management policies from wild overspending and diluting,same as people of democratic(none for today) countries may control governments and money printing-getting point?

Once shareholders unite its shares of company into one summed unit,they may direct its representative director into company management to control developing process ,again,controlling management not going over spend,which is main issue for today exploration teams of gold/pgm mining companies.That's why many managements will apply unfair diluting to hold shareholders out from management plate from which they are eat,remember,you stock performance is not fluent managements fees until shareholders united with its shares stakes to determine managements incomes according its results and to apply options bonus programs only when managements deliver good results,which is obvious for one who investing own funds and hopes it would be deliver returns,not like with our shares which on gold ounces basic was diluted instead editing value,so our 5 years investment is just with 20% return shares fully diluted basic!