The market likes this move and that is all that matters. There...

The market likes this move and that is all that matters. There has been enough volume for large holders to move shares if they wanted to. GSR remains substantially undervalued. The offset to dilution is productive capacity. Income is enhanced and investment is made with a view to rising prices from a production perspective. There is just so much to unlock in the CNJ/GSR joint venture with cobalt, nickel and magnesium that the prospects of high grade PGE's may make that very attractive for future investors/takeovers to raise price to greater heights. GSR also has so much high grade gold to unlock too in its stand alone venture, and this capital in a bear market when capital is scarce facilitates that process. Admittedly a higher raise price would have been nice, but the show is on the road without dilly dallying. Spending money, makes money. GSR are now a gold producer which significantly increases their negotiating position and reduces risk. I still remain heavily invested for the long term because there is much more to come.