jpon,
I suspect it's because they thought Dattels was/is a snake oil salesman, the 4 projects that were touted in the promotion are now longer termers wrapped up in Butler (less the lobster sounding one that proved to be a dud, despite supposedly encouraging drill results from the Chinese) and only the latecomer Moijang offers promise though we are still lacking even an inferred resource. In short, no resources, some investments and cash - valued, IMHO, harshly but probably sensibly by the market.
Having said that, I still hold though I still kick myself for having believed what I wanted to instead of looking at the hard facts. I hope 2006 will bring us some reward for holding out, and I am mighty encouraged that a company like AVM has bought in to some of the action.