GREY:VMSTF - Post by User
Post by
Stockdog12on Dec 30, 2008 10:08pm
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Post# 15673157
Reed Lake--size-tonnage
Reed Lake--size-tonnageLike it or not the Reed Lake Discovery at this time is very small, that's why the stock price sits between .25 and .31, that's also why VMS still holds this property and has not been scouped up by a major. I wouldn't be looking for any miracles in higher stockprice until much,much more drilling is done in step out holes. Todate VMS have given us no concrete figures as far as tonnage is concerned and this is what the majors want to see besides good grades..A 43-101 would be a good start if they think they have the goods...JMO