since the warrants have expired i would think "less dilution" would be the thought. personally i dont think the delay of the 43-101 until after the expiration of warrants was intentional.
while i understand the frustration of folks who went out on a limb in the PP and now have expired warrants i have to believe the company is of the mindset that the 43-101 will justify better financing than the execution of warrants. i hope they're right.
in any case, more good results. now hopefully somebody can put a good resource # to it..