any production ambitions, page-5

Thanks for the info, whats the catch here? iv'e watched this stock for a long time but i'm thinking there must be a catch as no company with tenements as valuable as these(appear to be) would have such a low market cap-whats the catch? any ideas appreciated, if the s.p continues to slide at this rate the company will be lucky to last another year. This is either the best value U stock on the market imo or a scam but I can't seem to fault it. Even if manage wern't that great it still shouldn't be this cheap unless it is a scam?
cheers sundance kid