"VMS" - Multi Asset Resources., page-1092

Gordobre: "diatribe comments".....lol....Truth, Hurts

To get back on topic: To compare a rise in "CHN's" Market cap to ours is mathematically incorrect, firstly MC is based on shares x Share price, so obviously in a dollar sense "CHN's" MC will rise quicker, as they have less shares on issue at the moment....However, the percentage of rise maybe a lot different, if they were to both go up buy 20% then "VMS" would have a SP of about 17.4 cents....."CHN" at 20% would have their SP at $8.76 so on a percentage scale we only have to move 2.9 cents and "CHN" would have to move up by $1.46......As, of the news 2 days ago "CHN" moved up $100 ml in MC....."VMS" went up by $12.2 ml on a percentage scale VMS did better.........If, placing a value on the two Companies.....I think most would agree which one is producing an Income first and foremost and returning a profit.......Secondly, the value in situ of those tenements held by each company......"CHN" have at least 2.5 years to go before any production may come......My opinion, this can change.... "Julimar" is a world class discovery for now, things that may change for "VMS".......Firstly, the SP on any company does not always reflect its book value......If "THOR" or "Kulin" become another world Class discovery then we have opened a Pandora’s box, also I expect MT. Lindsey to also be a world Class Tenement and just maybe "NGG", not forgetting "Ceaser".......Also, "CHN" went from 16 cents to $9, Nothing to do with communication, everything to do with a major discovery and "VMS" has the same capacity, Surely people can see that.........In short the "MC" does not value the Companies assets only the Share value in the Company.
Hope you can get the jest and come up with an equal argument, rather than the same old fluff.....Have a lovely weekend.