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Re-assessment of Mount Lindsay, page-16

  1. 1,749 Posts.
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    In defense of VMS and its prospects, HC posters will regurgitate every issue that a public company could possible endure - and sadly most of them are true. VMS is a minnow amongst minnows with its capacity currently restricted to Tonka trucks in a sandpit.

    Andrew has appeared from a 10 year vacuum and is saying some nice things but they are only words. If VMS can have a modicum of luck (zero to date), get some iron ore into a customers yard and drill into some VMS thing in Western Australia - all before a general share market meltdown - then the share price will indeed go up IMO.

    There are always glamour stories of successful companies and spectacular successes with drill bits. They are few and far between and we have had a number of them of late. In simple terms, VMS is very close to missing the Spirit of Tasmania and being stuck in dry dock for another decade.

    DYOR and good luck - you'll need some.
 
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