When your cash in the bank is multiples of your stock price anyone with any trading experience, market savey would be in there buying back your own stock.

FNI just completed a placemetn at 30 cents... 15 million shares.

Last year they did a 15 million share placement at $1.15

Two months later they could buy back the same number of shares for $700,000

Managing the float is more important right now than drilling holes which have provided no intrinsic value to the company in the eyes of investors.

Buying back shares would be the best investment FNI managment could undertake at this time...

First they have to start with a 10% normal coarse issuer bid and get this underway..

If they complete that they could ask for an additional amount because of market turmoil.