Banana, The problem isn't that 200,000 is a lot of dilution, the problem is that we have about 8 different projects on the go. It costs big time to service and do any amount of exploration on these properties. There in lies the problem. We need cash and lots of it, not more projects to drain out coffers. If we are not diluting for this project it will be for one of the others. JMHO the deputy