VMS 5.00% 2.1¢ venture minerals limited

iron ore resource strategy, page-6

  1. 1,178 Posts.
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    peteey, all that VMS have to do is to carry on with the process in train, which of course recently shifted from an accent on tin, to an all stops out process of proving they indeed have a massive body of iron ore mixed with the tin, to a degree where the tin will be free carried.

    When you think you have something of this magnitude there's no need to brag, no need to pacify shareholders with a regularity of hyped up reports, instead, just keep on drilling holes in the ground to define how massive the resource is, then at a chosen time let the market in on it.

    This is what VMS are doing, they are conservative, and I don't think we should expect much until they are sure of what they believe in.

    Though it will very much be a case of owning them on the day they choose to inform the market, from then on the price will go berserk if they have the goods
 
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