VMS 5.88% 1.8¢ venture minerals limited

tin elephant at mount lindsay, page-5

  1. 1,178 Posts.
    lightbulb Created with Sketch. 1
    Agreed.

    "forward thinking and "12 months" should rarely be used in the same sentence.

    "Today and tomorrow", and where it will be at the end of the week are big enough challenges for many

    .

    Any sort of pre occupation with short term prices is self evident proof that the word "investment" is just a throwaway verb, - to be used at will. Whereas "trading" on price moves alone is another matter, similar to punting at the race track. An odds game, if you like. Yet many seem to think they are "investing.

    peteey, I don't know whether VSM are on the verge of proving up a world resource, but it in a very short window of time, prospecting wise, it would appear they have likely found one. Much to their surprise, one might add.

    So I'm of the view we will begin to see a rash of progress reports that cause the share price to move accordingly, and think this overnight raising of cash to make it happen tends to support the view. Aeromag helicopter surveys at 50m intervals are costly, yet I see them as an investment, which it would appear, have already added to the capital worth of the company

    I mean, the indications of an eighteen Km deposit of very high grade iron ore, high grade tin, close to existing infrastructure, transport, and labour, is not to be sneezed at in this day and age.
 
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