I do think reducing the float is a good idea but I don't think a buyback would be worthwhile. We should have about $26M in the bank and we are a $277M company. I would rather we hold our cash than buy back a small portion of the float. The cash balance is what distinguishes us from the broke juniors.

I think we can do three easy things to chip away at our float:

1. No more financings. We have cash so there is no reason to raise money.

2. Let options and warrants expire. No more extensions.

3. Vote against the options extensions at the AGM. No one should get rewarded for missing deadlines so horribly.

Those three things won't do a huge amount for the float but it's a step in the right direction.