VMS 5.56% 1.9¢ venture minerals limited

very quiet this morning, page-17

  1. 2,238 Posts.
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    Everything is in announcement. It will be scaled back if its over subscribed. My advice is wait till 3 days before closing date..11th of november i think. Look at current share price and then make a decision. I have all the vms i really want, i brought alot when umc were taken over by bhp. So is it worth buying at 44 cents...yes if its more and then maybe sell in 12 months time for a profit or if you brought at 55 to 65 cents and then sell some of your holding to bring down your average buy price of vms if you are happy with your holding...we are getting some nice interceptions....and what i like is alot of it is close to surface...underground mining is expensive
    I wouldnt be buying at 60 cents personally but i think it will still be a good investment going forward even at this price. Really will depend on what happens in the market in the next month...is a long time in these uncertain times
    pete
 
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