RE: Ascendant Copper is Very UndervaluedAs of Sept. 30/07 the cash balance was $9.0 mil. I don't know how much they spent since then (shouldn't be much i.m.o.) so stock (today $0.105) is trading probably bellow cash on hand. Even if they don't get Jenin back, I would speculate that they have good case to recover at least money they spend recently. Ecuador is very poor country, and they need investment, and it sounds that they want to promote mining. Chaucha copper property is looking promising also i.m.o. I don't want to speculate how low stock is going, but again i.m.o. it's very good bet to make good return (200-400%) in the next few months when things calm down.