VMS 0.00% 2.4¢ venture minerals limited

50c and chinese, page-2

  1. 2,238 Posts.
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    that point has been mentioned before Caldazar. If they end up confirming a large resource of easy to access ore with large tin credits...is no doubt that they will be in the sights of a number of companies...savage river obviously due to its close proximity would have to be discussing it.
    As we confirm how much we have hopefully our share price will appreciate and atleast take us out of the range of other opportunistic companies......and we only will be in danger of a reasonably big company taking us out.
    No one is safe in this market as rio has found out.....and even bhp is not safe from takeover with the strength of the resource boom and large profits to be realised in the future. What we need to do is get this project up and running then start exploring our other tenements
    Just think if we do get a resource of up to 200 mt.....imagine what a 5 to 10 million ton a year operation will be worth.....will be big enough to justify the infrastructure to accomodate the tonnage to port
    Just wonder how much dso ore we will end up with...that was startling news to me that hemitite is present on the tenements

    pete
    pete
 
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