VMS 5.26% 1.8¢ venture minerals limited

trading halt !, page-46

  1. 9,505 Posts.
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    Hi Bigmac

    Thanks for rubbing it in, but yes you are right we have to be carefull but also not totally negative so that we pack up and move out of the market alltogether.

    South-Africa has become a minefield for mining companies look at lonmin 9 workers killed http://news.xinhuanet.com/english/world/2012-08/15/c_131785374.htm


    Not sure if its fair to compare PLA with VMS as I have to refresh your memory that PLA shareprice was flying before the even went into production.

    VMS is much the opposite as the shareprice has gone backwards and stagnated.

    But they will have to prove themselves up in the next 6 to 12 months otherwise I will have to move on myself.

    The sweet spots are those DSO projects that will be the silver bullet for this project imho.

    Lets hope they can get them quickly in production and get Cashflow. Big Wilson better be big and tin/ tungsten recover.

    But yes keep watching and balance my posts out with some less rose coloured glasses just to keep it all in perspective the positives, and negatives.

    good luck to all holders

    jojo






 
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