It is just a rambling. If they were going to dilute, they would have been diluting last week. Seems they have turned a corner, and this could be a huge play for many.
12thMan, there are 4+ billion shares that they can potentially sell. Without information about their financing options, I'm assuming that they may fund the start up of operations using their equity/ie shares. I'm really hoping that's not the case...
IF PCFG management is really serious, they can arrange financing without dilluting shares taking into consideration their properties, prospects and overall current gold price.