VMS 5.56% 1.9¢ venture minerals limited

News: Venture Minerals on track at Mt Lindsay , page-6

  1. 2,882 Posts.
    Hamish said

    (1) "Resource upgrade coming very very soon"

    (2) Pre feasibility statement coming soon also

    "Both of these are coming in the next few weeks".

    Sounds like the resource upgrade is coming first and soonest, probably this week or next imo, then followed by the PFS.

    (3) BFS to be completed Q4 2011.

    (4) VMS will be spending $4 million to $5million in that period of 12 months on an extensive exploration program!

    "One of the largest 1% of world production in tin and 3% of the worlds tungsten supplies will come from VMS, more than double the grade of tin of other players around the world."

    My pov is everyone talks about tin and forgets that the tungsten story is also very strong and very interesting for all investors. Did you know tungsten is regarded as a strategic metal by the Chinese? They are not allowed to sell their supplies, making it more expensive for everyone else i.e. higher tungsten prices.

    Newminer.
 
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