VMS 0.00% 1.8¢ venture minerals limited

2013 is a short time frame to get into producing in a mining...

  1. 2,238 Posts.
    lightbulb Created with Sketch. 24
    2013 is a short time frame to get into producing in a mining context....it isnt like running a supermarket. The price of tin suggests it is rare compared to other commodities. As in anything when there is a shortage focus will become on getting tin from somewhere. The tin price will fluctuate but it takes time to get projects on the go and this is where vms if they prove a viable project will be able to take advantage. The advantage of this project is also the other 2 commodities....we still have the possibility of dso iron ore...China has a policy of using other mineral resources and i dont see that changing. The economic landscape is forever changing and we cant predict the future. Is why the price is where it is at the moment. It is still a high risk stock compared to a bhp or rio.
    I wont buy at the current price because of the risk versus reward return. It may well return to the 30s..my buy range
    pete
 
watchlist Created with Sketch. Add VMS (ASX) to my watchlist
(20min delay)
Last
1.8¢
Change
0.000(0.00%)
Mkt cap ! $43.90M
Open High Low Value Volume
1.9¢ 1.9¢ 1.8¢ $111.0K 6.162M

Buyers (Bids)

No. Vol. Price($)
36 7999876 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 1680469 4
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
VMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.