Thank you.
Mr. Effer, your idea of innovation flow-through shares is an interesting one. Eighty per cent of the mining deals in the world over the last, I believe, 10 years were transacted in Toronto. There are not too many getting done these days because of the market slump in commodity prices.
But I'd like to ask Ian Russell, whose members have transacted a lot of these mining transactions over the last 10 years in Toronto, whether an innovation flow-through share model might contribute potentially to making Toronto and Canada a global centre for the financing of, say, biotech and IT, in the same way that it has contributed to the success we've had on the mining finance side.