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.
in response to XP-Collector's message

So after speaking to the guys at the booth I felt pretty good. The Reed Lake NI 43-101 should be out in next 4-5 weeks, $5 mil. worth of exploration planned for 2011 and then there are still many properties to explore with plenty of financing. When I asked about a potential take-over by HBM I didn't get much of an answer but there may be something to do with just selling Reed Lake property.

Like I said, all in all the story looks good and was presented well too.

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VMS Ventures Inc.
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