This is now old news, and as I've been saying for years, dilultion is the name of the game in exploration mining. It's in the nature of the beast until the company is sold, or can stand on it's own.
Marketable progress slows dilition, but does not stop it, and progress resuling in higher share prices eases the pain for unaware shareholders.
When I came on board as a "long" here years ago, I fully expected the company to have a billion or more shares out before I would see the big returns I then expected. That is still the case, but with two modifiers.
1) The company may have quite a bit more than a billion shares out before I see the kind of money I was expecting, and
2) The potential here has expanded exponentially, a 10-bagger on a 10-bagger, if you will, OR MORE, and I'm not talking about multiples of the present share price, but of the share price some weeks following the first "discovery" news - dollars, not cents. [Please do not construe my meaning as suggesting I think the price will go to a dollar upon discover.]
I understand your concern, but speaking for myself, I will not be loosing any sleep over this, or other short-term funding deals.
JMHO.
VP