See the terms? $5mill US payment, $5millUS in shares at .5c per...

See the terms? $5mill US payment, $5millUS in shares at .5c per share and a commitment to spend $5mill on exploration within 12 months. Massivley dilutionary and where is the company going to get $5mill from?

And they're buying into a single drill hole from 1988?

Not denigrating the potential of the drill but the share price doubling doesn't seem to have taken into account the dilutionary effect of this.