Using a prospectus allows subscribers to immediately trade their shares (no 4 month waiting period). Perhaps some larger shareholders are saying to Directors....why is Ernesto getting all the offerings and warrants....let us in on the action. Unless they have plans to immediately buy more mineral claims, this filing is just to be prepared for what may be offered to them ...without having to go to Ernesto and making opportunity available to guys like us. I am not worried about dilution since presumably we are issuing shares for assets (hopefully worth more than share issue price). For example if CUU is worth $1 billion ($2.63/share) , then Tecks option is worth say $3 billion...if we were able to buy Teck option for $1 billion, CUU is worth $4 billion and perhaps has 1 billion shares issued..we are still ahead of the game- now $4 per share would be the value. A007