could someone value this unloved gold speccy

I've been a holder for sometime and have various wounds that have healed over time. But I still remain convinced that GCR is a little gem (perhaps thats the emotive side of me talking).

I've looked at GCR from various angles and cannot understand why in this current market its low market valuation. Here's my logic:

650 000 000 shares on issue
7 million in the bank
no debt

base valuation = $0.011

Numerous gold, polymetal, Uranium and Phosphate exploration targets with status ranging from JORC compliant reserve estimates with pre-feasibility study (Copper Hill) to virgin unexplored ground in known provence (Rast exploration area near cobar).

There are quite a large number of projects owned/ farmed out by GCR in localities from WA to QLD to NSW and also Canada and Panama. All this exploration ground must be worth more than $0.018!!!!!!!!!

So why is GCR at $0.029? I'm not saying that it should be worth heaps more, but surely in todays market its more a fair bit more than a SP of this magnitude.

Anyone out there interested in giving an objective analysis of this stock given my emotional barriers for this little battler.

GC