VMS 0.00% 1.8¢ venture minerals limited

Ann: Feasibility Study Manager appointed, and drilling completed, page-26

  1. 1,158 Posts.
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    Tin is nearly at $43k and no doubt will continue to climb
    There is also no doubt Lindsay is viable
    Management now need to show the market a timeline and a plan for mining it
    If they can do that, blue sky from there
    All the other tenements we own will just be a bonus
    I think I previously said that the last interview with Noel was the first interview where I felt Andrew had gotten his head around what was needed and actually had a plan moving forward.
    Whilst I am still not happy about the price, I feel we are finally heading in the right direction

    I've also previously mentioned this. I was an investor in AVZ and held for several years , watched it come down to just under 3c where it sat for a while before eventually rising. I sold out at 16.5c because I got impatient. Not too long after I sold it started to make a move. Yesterday it closed at $1.235. I had 1.5 mill shares. I'm not saying this as a hard luck story ( although it does hurt a bit) but to show that if the fundamentals are strong, sometimes patience is what's required. I'm hoping not to make the same mistake again.
    But everyone has their own risk tolerance level I guess.




 
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