jonesie... I do not see any warrants out, they get a cash payout instead of warrants,,, however I will have a conversation with IR on monday, that will be a good question to ask
the difference between the outstanding (17 million) and the authorized (25 million) is not that great, I would suspect they will have to issue some shares for exploration work, however it is my hope that the share price is closer to $2 before they pay for services with shares
There is no substitute for conducting your own research
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