Ann: High Grade Results Continuing at Rose of Denmark Gold Mine, page-125

Vert, "He mentioned that the company was grossly undervalued at $15m, which I agree with him on, as well as the institutional investors that came on board in the last cap raising. They have just undertaken a recent regional exploration program, perhaps what he has seen looks promising but to early to speculate on?"

If you think it is grossly undervalued you must be pissed at the weak ass board sell it off cheap in this merger. It is like the directors have thrown in the towel.