VENTURE MINERALS LIMITED (ASX:VMS) - "VMS" - Multi Asset Resources., 53836684, page-818 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Originally posted by posiedon ark: ↑

redned: lol...We own 100% of "Thor" until such times as "CHN" complete their scope of works, if they then find a "Julimar" extension / lookalike we only have to spend a minimum and we will have the cash.... I think your underestimating our 30% and also if we find the same at "Kulin", what then do you think, we will part with it ????.....As for investments in other companies from start up to production: Plenty, including FMG , SIR, LNG....This Company regarding "Mt Lindsey" will commence a single entry underground operation into the side of the mountain, most likely opt to use Vent tubes at a lower cost than shafts.....The Capex is minimal and credits will pay for the Capex....Expect plenty of support from state, Federal and local Government......They have previously won a court decision over this and other tenements, so I do not expect much opposition, "VMS" is a stand alone company with many quality Assets, I made it my business to do a complete DD before I entered.

Lucky I hold shares in "CHN" so anything with "Thor" is a bonus......Maybe ask yourself this, why is "CHN" chasing "Thor" if we have so much Resource at "Julimar" why do we need "Thor"..... And why have they quickly starting sending Drill rigs that way, yet still no E.M reports!!!!!....You may soon ask yourself why is "CHN" wanting to also look at "Kulin"!!!!.....Maybe when "CHN" complete the drilling of "Thor" and "VMS" release results from "Kulin", you may then understand why "VMS" and "CHN" did a J.V at "Thor" ..... And maybe then you will realise how important 100% of our "Kulin" will be to "VMS".....Forward looking I Can see huge things for both "VMS" and "CHN".As yet you still did not Highlight any real hurdle for "VMS"!!!!!!....As for Slamming anyone, I do not.....However, I do not like repetitive "B.S" or Hearsay......I won’t put up with constant dribble from anyone and why should I.....If people have done their D.D and are not happy fine move on and I am not the gate keeper for anything.Considering you did not know we hold 100% of "NGG" says you did not do your D.D......I try to limit my posts here, because I already know what certain outcomes will be, it’s only when people try to paint a different picture that "P's" me off.....Maybe soon everyone will be to busy celebrating, that they will not need to post here soon....Like I say to anyone if you have any "Doubts" sell up and leave

Bobbym: As you say comparing "VMS" with multiple resources to "FEX" is like Comparing "Apples to Oranges" ,,,, so who is Comparing them????...Also, Australia do supply some Iron Ore to the US, this is likely to increase from the G7 summit.

Bollinger: Because it’s a stimulus plan, Biden can sign an executive Order.....And I believe this is what he will do should the senate or House block it.

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PA,
As a supplier/ contractor & SH to the TG group, I have a little bit of insight of what is going on and it is news to me that you state a number of things such as interest by CHN in Kulin, that is news to me and Drill rigs heading to Thor, well that is BS as the above average rain has slowed down the EM surveys and if I have gleaned anything over the years dealing with TG that everything is done in a methodological order and the DR's will not be booked until drill targets are defined by the EM surveys.
As you say they have plenty on their plate at Julimar, but under the terms of the JV they had to spend I think 10% of the JV costs by July $375K and they will meet that target.
Any company can not have enough Julimars.

I don't know where your getting your intel from ?, but it seems way off to me!
It would be great if it was right, but I have my doubts.