Monaco, i purchased a nominal holding this morning on the heads...

Monaco,
i purchased a nominal holding this morning on the heads but i will still need to do a bit of due diligence into their resource numbers and tenements. They are undervalued just based on their resource numbers...circa 1 million ounces and with such a ridiculously low market cap.

I am just trying to figure out why that they are valued as such. It clearly does not make sense....they are not even valued as an exploratory junior. If my DD is good, i will be buying a lot more.