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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2011
Dec. 31, 2010
Current Assets:    
Cash and cash equivalents (Note 4) $ 57,677,370 $ 58,186,478
Assets held for sale (Note 7) 450,000 7,968,813
Marketable securities (Note 5) 892,271 2,263,923
Deposits, advances and other 194,802 1,507,822
Total current assets 59,214,443 69,927,036
Property, plant and equipment, net (Note 7) 19,125,626 28,503,330
Total assets 78,340,069 98,430,366
Current Liabilities:    
Accounts payable and accrued expenses 2,076,131 1,633,150
Accrued interest 234,545 234,550
Total current liabilities 2,310,676 1,867,700
Convertible notes (Note 13) 101,833,491 100,754,404
Total liabilities 104,144,167 102,622,104
SHAREHOLDERS’ EQUITY    
Common shares and equity units 244,023,265 243,582,458
Contributed Surplus 5,171,603 5,171,603
Stock options (Note 9) 17,143,278 14,518,570
Accumulated deficit (292,183,986) (268,571,593)
Accumulated other comprehensive income 41,742 1,217,915
KSOP debt (Note 8) 0 (110,691)
Total shareholders’ deficit (25,804,098) (4,191,738)
Total liabilities and shareholders’ deficit $ 78,340,069 $ 98,430,366