I looked at VMS (who I still like a lot) in March/April this year, but decided to take up a large position in FMG (IO) and FNT (Gold), and top up on TAS (IOCG & Silver, 30% EDE and 10% CNJ).
I am particularly optimistic about FMG striking something big at Vulcan North. Please see the following post for my reasons:
In addition to Vulcan North, Vulcan West also looks highly promising. I expect to FMG to drill there early next year. Having said this, if Vulcan North looks like being a major deposit all by itself, FMG may concentrate all their efforts there for the whole of 2021.
Basically, the TAS's Vulcan tenement is already listed as an IOCG deposit. It is now just about locating the hot spots of the deposit, in order to make sure that it will be well and truly economicaly feasible.
Cheers.
TAS Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held
