I believe management have been very careful; the dilution you claim is for an acquisition, which is slightly different to he norm. For the shares, we gain ownership to a working mill, mines and leases worth well over a few hundred million dollars, could be a few billion dollars of revenue, if the cards fall in our favour.
It's certainly a risk I'm willing to take.
;-)
It does sound like you are starting to get rather interested.
Good luck in getting into the Top 20.
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