hey aburns
Hard question, all depends on what VMS discovers or doesnt discover lol, if VMS hit .60 VMSO would range between .35-.45, I think the question you want is what do i think VMS will be by end of feb & march & then minus .25 from that price & you get your options price.
By end of Feb if drilling goes well at Churhill we could be looking like MOX & be $1+, if drilling goes average not much found VMS would fall back to around .25 but have to keep in mind VMS has many main projects to focus on Uranium at Maitland, Nickel/Tin at Renison West, Gold at Paulsens, smorgys board of oppertunities just need one to hit pay dirt & off she goes.
Who knows were we will be but things are finally starting to hot up, & its very bullish to see VMSO trading at almost 100% premium from were they should be, VMSO should be around .10-.13 at 18.5 thats a much bigger premium than expected, people in the know buying? or just so tightly held punters buying up? who knows, now its up to the drill boys to hit the right target & surge us north, next week will be intersting as we go into 1 full week of drilling, as others have said we have to watch the screen activity which may point to insiders jumping on in the know, or t10 showing us his wallet size lol.
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