VMS 5.56% 1.9¢ venture minerals limited

Samso with Andrew Radonjic: Search for the Next Julimar (09/07/2021), page-25

  1. 20,097 Posts.
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    Ok, so on 22/8/19 when VMS announced they were committed to recommence Riley, the share price was 1.8c

    On 26/11/19 when they announced Riley continues to advance towards production, price was 1.8c

    So despite the long delays to get to where they are now, VMS has gone from 1.8c to a high of 16c = 7 bags. I tell you what, there's a tiny % of investors/traders out there that will EVER get to hold on for multiple bags, it's very rare but despite the delays, those that managed to jump on 12 to 18 months ago and hold on have done well. On the flipside, those that have held on since 2000+, well you may break even next year after Thor action starts to ramp up and more $$$ start rolling in from IO sales & TIN price smashes through $40,000

    I'm one to take positions in companies and hold long term. It's worked well for me with FYI having bought in at 5c and still holding 100% of my position after 10 bags and long delays there as well.


    Stay the course everyone, there's just too much upside to come.
 
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