what happened with vital, page-5

three years and no feasibility estimtates yet? just an observation not a criticism. tungsten is a hard nut to crack I guess.

In the long run its better to see defensible statements regarding the projects economics rather than hyped up mis-statements. I am certain that vml management are conservative and are approaching this project with caution and the careful consideration that responsible investors deserve.

i have noted a few other tungsten wannabes dusting off old projects and within very short time coming out with fantastic financial projections. buyer beware. this is a fickle commodity and often the projects are complex from a mining and processing point of view. they require lots of drilling just to get the confidence in the resource.

a check of quality i would suggest looking at the way companies release their resource and drilling announcements. the purpose of the JORC code is to provide transparency and any announcement should be accompanied by a volume of technical information which although lost on the majority of normal investors, does show that real work has been done. i find that vml has provided sufficient information to defend its statements. now check its peers.