Two Interesting Questions: How Dilutive Is That Financing?

And how meaningful is that trading volume spike?

To call gold/silver explorers and developers “out of favor” would dramatically understate the case. These days, raising money to turn a deposit into a mine involves a lot of rejection and, eventually, the acceptance of terms that are painfully dilutive for existing shareholders.

Which brings us to one such case: a developer on the verge of production that’s paying what it must for capital and suffering the consequences.