I am in the same boat as Cl001. I am quite concerned with the management of this company. I don't know if it is just a poor regard for the shareholder and the need for good communication with shareholders or if there are some more underlying fundamental problems (why the need for some much dilution at this point). Whatever the case, I have greatly reduced my holdings. I am at 40,000 shares now and will probably dump that at some time in the next week.
There are other zinc / lead players out there in similar positions if people want to invest in juniors mining those metals.
I am redirecting my money into low cost copper miners and undervalued Moly miners. Those feel like the two best metals to me right now.