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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about 15 years ago

about 15 years ago

about 15 years ago

about 15 years ago

about 15 years ago

about 15 years ago

about 15 years ago

about 15 years ago

in response to Flora's message

Not missing anything, people were buying yesterday in anticipation of drill results or a plan for drilling and when it will commence. Neither was found in this NR and people are selling the news after a 20% run-up yesterday. As has been stated on this board, VMS is waiting for HBM to make what appears to be a near-term decision to step up to the table and either JV with VMS or buy us out and complete the drilling themselves. From that article it seems that VMS is content for the moment sitting on their cash and waiting for an answer from HBM. Either way, VMS is in a good position.