really really cheap gold stock

This thing now has a market cap less than $11m. assets are $7m cash, 12% of THR which including their THRO options equates to $5.12m; iron ore tenements in WA, which are currently getting licensed, a BFS'd million oz gold project in WA, which will be advanced one way or the other, and some other gold tenements which are currently being flogged off. So, how in heck is this thing trading at this level. One of the great contrarian market opportunities, in my humble view. I would buy and buy and buy, if I could. THR will be 50c+ soon, which makes this even more ridiculous. Cash burn could be stopped tomorrow if they wanted to. That's important also. here's something else..if they wanted to flog Deflector, what would they get. I have a number in mind, which makes BTV share price even more ridiculous. That infrastrucutre and deposit is worth a lot more than zero. Not to mention the prospectivity of the tenement.