GREY:VMSTF - Post by User
Comment by
freeedom45on Dec 31, 2007 6:13pm
467 Views
Post# 14137936
RE: festus6 You called it...
RE: festus6 You called it...We are in good hands. Management is not going to give NR for every hole or NR for visuals of each hole. They had no problem selling pp and therefore have plenty of cash to drill. They will have 3 drills turning very shortly at Reed Lake.
You can look at the timeframe as "long" and get nervous and think they have missed or have drilled duds. (If you feel this way, I and many other longs who have done their dd will buy your shares.)
OR
You can look at the timeframe and be comforted that management isn't going to send share price on a roller coaster ride with NR after NR. (IMO this type of behaviour is often necessary when the co. doesn't have the goods.) VMS has a deposit; when we get the NR, it will be subsatantial and will give a definite answer to what they have discovered, sending sp to a much higher level than it is today.
Rest easy and Happy New Year!!