VMS 8.33% 1.1¢ venture minerals limited

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  1. 1,858 Posts.
    There have been a number of announcements re Mt Lindsay metallurgy, recoveries and grade since they started drilling....eg

    7/2/2008
    http://www.ventureminerals.com.au/documents/VMS0068TestworkpointstoMountLindsaypotentiallybeingalowcostIronProducer.pdf

    28/4/2009
    http://www.ventureminerals.com.au/documents/VMS0164MetallurgyAnnouncement_000.pdf

    9/3/2010
    http://www.ventureminerals.com.au/documents/VMS0210HighQualityTungstenProduct.pdf

    None of those announcements give cause for concern. On the contrary, they emphasise the relative ease of concentrating the product.

    Of course, they could be wrong or overstating the situation. That's always a risk. But I haven't seen any reason to disbelieve mgt (well.... apart from an increasingly late PFS!!)

    WeatherG.... what is it about the Renison tin concentrator project that concerns you? I can't find a process flowsheet for it. I would have thought the fact that a mine down the road that is successfully concentrating a similar tin deposit is a good thing, especially given that the mine was reopened 2008 when the tin price was only half what it is now in AUD.

    I'm with SuperTNT. I'd be surprised if there wasn't a relationship developed between VMS and MLX.
 
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