GREY:VMSTF - Post by User
Post by
chengjooon Nov 03, 2007 11:35am
487 Views
Post# 13745926
VMS - slow and steady
VMS - slow and steadyInsider activity reveals buying by VMS management on 29 Oct. G.Gale 450,000 shares, J.Butterworth 231,000 shares, R.Mark 646,000 shares. VMS's last copper reading is phenomenal. Compared to NOT's play which has been hyped up to a frenzied state and retail investors conferring cult status to RN - which I find most amusing - VMS has on the other hand has been quietly going about their business with a quiet but determined demeanor. After the run-up of nickel plays in Canada, (ala Inco, Falconbridge, Lionore), copper will be next. The mining giants will be watching VMS's development with anticipation I am sure. Meanwhile, we should not overlook that in one of VMS's options from Hudbay Minerals (HBM-T), the latter has a right of buyback based on certain conditions. So HBM may stand to benefit positively as well.
The next set of drill results that likely will come before Christmas, may give us some uplifting news for the Season. Keep waiting fellow VMS shareholders! The best is yet to be!