The market is always late to the party with juniors (not...

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.