No surprise. Note guys seem to be on ice and would rather bleed the coffers dry than make a deal now. The strategy may be to gain 90% of the remaining shares in exchange for salary money when the well is dry. Managment will help their cause by continuing to spend 1.3 million a month at a minimum. I see victory for tenor, management , note guys and Crystallex corp. I see more pain for current shareholders. Managment must be hoping for a huge GRZ win and rise in SP so the next dilution will not be a death blow. You can do the math and at some point when management needs another 15 million the cost will be about 200 million shares at 8 cents. Ugly.
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