GREY:VMSTF - Post by User
Comment by
TechnicalBuyon Sep 29, 2007 1:25am
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Post# 13492727
RE: Anyone consider - Scotty
RE: Anyone consider - Scotty"What is your opinion on where we go from here on a share price?
How bad would the press release have to be to drop from this level?
What do you think the odds are people would be unhappy with the results and sell from this level?
Thanks in advance!!!
Scottyman "
Hi Scotty,
Nothing is a sure bet but VMS's core really does look like the real deal. Your question really boils down to what's priced into the stock now.
I think the answer is it doesn't matter because it's not a retail stock anymore IMHO. As with NOT it defied logic as it rose fast and failed to retrace to any significant amount. Same with VMS here. It keeps failing to retrace to support levels indicating someone knows something.
Well we now all saw the cores and now know why some very experienced GEO's in VMS's and Hudbay's team are as excited as they are.
I picked the stock at .20 in the newsletter for their managment expertise (world class) and their nickel properties. Just like with NOT and Windfall, they brilliantly stumbled onto a potentially HUGE discovery.
It's also the reason that I stuck with the management and picked HVG a few months ago and bought more recently.
So long answer short....I doubt there will be any significant selloff from these levels.
TB
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