VMS Ventures Inc.

Recent drill results include 6.69% copper over 71.69 metres and 3.74% copper over 21.77 metres from in-fill diamond drill holes at the Reed Lake Joint Venture (Hudbay HBM:TSX) Property. The company has a dominant land position in the prolific Flin Flon-Snow Lake VMS mining belt. VMS Ventures is well financed with over $11.9 million in cash equivalents.

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Re: VMS predictions

VMS Ventures Inc.

about 15 years ago

in response to Flora's message

This company is a 1.00 stock easy even without the next round of drilling on the new anomaly.If we got bought out at 64 cents, I along with others would be severelely dissapointed. We were trading in the 80s and 90s last year on good drill results. As you stated, the recession and less appetite for speculative juniors has killed the SP.

If the new drilling on this new area shows consistent mineralization and grades to the rest of the property, the valuation of the company would increase substantially. Anything short of 1.50-2.00 would be a slap in the face to shareholders IMO. This is a well managed co. with a HUGE Copper Resource in its possession.

I do agree that Its important for the SP to rise in the interim ahead of these new results to create a stron base.