VMS 11.1% 1.6¢ venture minerals limited

Ann: Venture to commence drilling Large Nickel Target NW Tasmania, page-35

  1. 59 Posts.
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    What is the thinking behind a
    company that is bringing a tin/tungsten project to production spending cash to drill for nickel? Is it based on a soil anomaly in a nickel silicate rich ultramafic complex? I would be very, very surprised if there is anything there, given that they have “kilometres of undrilltested skarn horizons” at Mt Lindsay alone. Also a bit worried that they plan to keep the market up to date as they are drilling this “wonderhole”. Will this be like the two holes, ML336 and ML337, where they updated the market with pretty pictures of shiny rocks 18 months ago, but never released the assay results. Says a lot about how the company interacts with their shareholders.
 
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