VMS 0.00% 1.8¢ venture minerals limited

Ann: Riley Mine - Update Following Completion of First Shipment, page-397

  1. 1,522 Posts.
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    I can't recall the names of the 2 gentlemen involved in the shipping and commenting earlier on the thread... but as you are so intelligent ajax and caring re VMS ... what's your feeling about VMS or its subsidiary eg would purchased an useful and cheap bulk carrier and deliver our stuff as well as for all other Tasmanian mining businesses the commodities to China... as looks like it is better business than mining itself... especially if our company/subsidiary could take advantage of the current law and eg register the subsidiary as a charity to avoid tax?

    I remember as years ago during investors meeting with several gold companies CEO's ... when interested in investing in Lihir Gold ... another investor (retired mining eng.) put me off stating: "If you want to make money on Lihir Gold ... don't invest in Gold miner but in Tire maker as they use lots of it ... working on volcanic sharp rocks so they are using a lot of tires...
    What's your feeling about it ajax?

    https://hotcopper.com.au/data/attachments/3613/3613173-e3144960237366c093c0a6617834550c.jpg

 
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