VMS 5.56% 1.7¢ venture minerals limited

Ann: Mt Lindsay Drilling hits 93 metre zone Sn-W Mineralisation, page-12

  1. 664 Posts.
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    The market is always late to the party with juniors (not counting the small few that get caught up in a 'viral' speculative feeding frenzy).

    More drill results at Lindsay are a great thing. They de-risk the project going forward, which builds towards a critical mass, at which point the sluggardly market wakes up to itself and re-rates the stock.

    The key question for investors is "when does that critical mass occur?". With tin going into a super-cycle, I would be very keen to buy into a stock as cheap as VMS, with a proven resource that gets defined further every few weeks.

    This won't be the ann that puts a rocket under the SP, but one of the future anns will do that. How cheap will the stock be when that happens is the $64 000 question.
 
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