VMS 0.00% 1.8¢ venture minerals limited

vms highlighted in da nd d report tonight, page-11

  1. 2,238 Posts.
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    Vms is suffering in the climate as many stocks...we are also getting to that silly season torwards the end of the year...dont be surprised as many sell stocks for capital losses if we go lower. This is a stock that you have to have patience with.
    With what we have it has been oversold and isnt showing true value with what we have. Just remember...we hold a resource that is being developed and we have had drill results showing other areas hold resource which all show at a reasonable depth. Since we now have a pfs done the possability of offtake agreements with partners is a constant possability. Concern with the us economy and middle east dramas...not to mention japans recent problems are all hampering our recovery...but one point remains...tin and tungsten and iron ore will remain at good prices over the coming years. I still think this a compelling share to hold in a balance portfolio....the returns will come to those that hold.

    pete
 
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