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Doudou.....I beg your pardon ....:)))
Nothing personal against you my friend....
What I am trying to say is this: We (URL shareholders) don't have to sell out the company for next to nothing, just to keep certain FAILED individuals in their management positions.
As has already been pointed out, they (URL management) are past masters in using Company funds for the furthering of their cosy nest (salaries). Classic: They have issued 400 million shares in the last 2-3 years, without using one single cent for drilling!!!!!! Unprecedented,one would say, in the chronicles of modern Australian mining! Yet, they are STILL in management position (P.I, primus inter pares in a negative sense...) and are trying to deliver the final coup de grace to the company and its long suffering shareholders, by selling out the company for a plate of...lentils, as it were...
That is, IF this so called "merger" an unmitigated veritable disaster for URL shareholders, is going to go ahead....I certainly (and many more) hope that before long (Definitely before PI returns from a trip ...In the Arctics, seemingly to investigate the VCN "Project" as part of the Due Dilligence...)"SOME" company OR "Inviduals" will enter and make a REAL OFFER , we, URL shareholders we not only cannot refuse, by, taking all the above into account, will be very thankful, to the "White Knight(s)"...

As for buying VCN shares as a much better proposition to get into URL, its true what you are saying. Not many people-investors, however are willing to take the risk...."Just in case" the so called "merger" falls through.....Were that to eventuate (STRONG POSSIBILITY), they will be left with almost worthless VCN paper....I would NOT risk it. Would you?

Any way, PLEASE do not take anything personal.....
Take care and good night:))

Cheers!