I will tell you why CAT is undervalued...just take a look at TOO with proven resources of around 350,000 ounces. They have had great drill results but have yet to further define this resource. Time will take that higher but right now they have a market cap of about $35M. CAT has proven resources of 650,000 and has a market cap of about $30M. Makes lots of sense doesn't it. That is why it is called a buying opportunity. CAT is undervalued by 50% I would estimate. Market over reaction as usual. I have been through many of these, same thing every time. Eventually the weak hands let go and can't hold on any more and then stock rises to new highs. Just watch.