VMC 5.71% 7.4¢ venus metals corporation limited

Ann: RXL: Youanmi Near-Mine Prospects Delivers High-Grades, page-2

  1. 10,075 Posts.
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    TO talk on the RXL thread that makes sense. Youanmi is a giant in the making and to TO RXL a predator needs Venus.
    MC just $27m and Venus has cash and a stash of shares,
    The MC of Venus is less than just our 1/3 of the Youanmi JV with 119K @ 7g/t very low AISC au.
    RMS for example, could TO VMC, sell off its tenements and unwanted shares and fund the purchase with RMS script.
    Matty is reportedly unwell and may welcome a TO but he would also want to wait for the results of the regional drilling underway with Venus a 50/50 partner.
    Missing out on another Penny after he lost the court case with Spectrum would disappoint.
    By Q4 he may put us out of our misery as long term VMC holders


 
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