VMS 11.1% 1.6¢ venture minerals limited

bring it, page-4

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    The announcement was about results of chip samples and rock from a channel cut into the rock surface at Rocky River South . The point (as I understand it) is that % Fe is consistent with DSO (so there's a prospect of drilling defining a resource) and there's an indication of structural continuity with existing Stanley River DSO mine.
    It's not about an ammount of DSO at Rocky River at this stage. All good stuff and the broader picture looks good to me medium term, but don't expect a few rock chips to generate a rerating and then get disappointed IMO.

    However there is an update on the Mt Lindsay tungsten & tin JORC due before end of 2009, which may give things a kick if it's better than already indicated.

    http://www.ventureminerals.com.au/documents/BlackSwanEquities-October2009.pdf


 
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