VMS VENTURES INC. VMSTF

RE: RE: The real value of VMS Reply to freedo

[norim109]

Based on your figures above; I come up with approximately .145 per share for VMS (which is still excellent for a junior producer).

You are right, I made a mistake. I forgot to add a zero somewhere. I did review some scenario and in the worst case we can anticipate when the mine is in production annual revenue of
.09 -
.10 per share and in the best case a revenue of
.46-0.52 per share. But I don't think we will ever see such results as the company (or a spin-off) is likely to be acquired after the 43-101 report is published.