"in the event of a TO... lets not forget what Freewest went for... a buck a share and we have alot more to offer than just a deposit with no access"

these are different times...different markets...the markets (especially commodity ) were irrationally exuberent...credit markets were free flowing (?gushing), and larger mining companies were largely overpaying for both precious and base metal deposits , a practice which was at least partially buyoed by accounting practices which were highly misleading, as well as a widely held belief that metal prices were destined to maintain an upwards trajectory due to hints of inflation/peak oil/peak metals/China expansion etc.

....the cyclicality of the commodities and greater active investor activism have curtailed the "spending like drunken sailors" by CEO/CFOs ...those companies/CEOs left standing are much more fiscally prudent, and exploration and CAPEX spending has been largely curtailed by all... I have modified my expectations but also feel your pain, as I have a large holding in Fancamp having originally bought in back in 2008 when its' market cap was ~$50 million....several 43-101s later its MCAP is a mere fraction as compared to its glory days !

Cheers

Luker