VMS - CHART, page-897

Hi All


We have movement at the station............so I am in @ 4.3 with an initial parcel and will look to build.


One of the reasons that attracted me to VMS was RILEY and its iron ore mine, unfortunately due to a steep decrease in demand, price plummeted to sub 100, which so happened to coincide in a steep ABC correction post sub wave 5 up...........which resulted in Riley being put on care and maintenance due to lack of profit and going backwards in the balance sheet no doubt.

Now we can speculate how high the ore price has to be for VMS to be comfortably in profit with Riley, thus taken off C & M and producing but if anyone understands Elliott Wave which most folk dont, what you are seeing here with the current FE chart 62% ( not 57 ... ) , is the start of a new 5 waves series, rinse repeat, with sub wave 1 up happening as we speak, a new super wave for IRON ORE commencing, which in due course will eclipse the height of sub wave 5 up big time.....

I see a reality coming not too far away whereby RILEY self funds the production of LIVINGSTONE tin and the exploration activities for KULIN, THOR ( aka CHN ) and others which i cant remember...........whats not to like for 4.3c ?



Stoked to be back !

IMO