From Mar 31 MD&AA lot of folks are betting this low share price won't last.
As of March 31, 2011, the Company had 157,391,885 common shares outstanding and 22,220,670 warrants, exercisable for a weighted average price of CDN $1.74 per common share and expiring March 3, 2011. In addition, there were 9,453,581 outstanding stock options with a weighted average exercise price of CDN $3.27 and 4.0 years remaining contractual life. The outstanding stock options exercise price ranges from CDN $1.32 - $8.40, expiring from August 2011 to February 2015. Of the outstanding stock options, 873,586 are exercisable at a weighted average exercise price of CDN $4.48