GREY:VMSTF - Post by User
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Vehatzlachaon Jun 04, 2008 9:53pm
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Post# 15146884
Newest Casey Brief on VMS
Newest Casey Brief on VMSVMS VENTURES (V.VMS, C$0.76, 107.3M SO, 128.5M FD, C$81.5MMCap, www.vmsventures.com)VMS is a primary base metals play that recently hit more of thehigh-grade mineralization that put it on the map last fall. Thatdoesn’t make them a sure thing, as they are still defining what ishoped to be the first of several high-grade lenses that will add up toa significant new mine. To really break out, they will need to showthat they do indeed have several lenses – and they are working on thatnow. It’s highly speculative, but the discovery potential has a shortfuse.
Can someone with a little more geo knowledge explain this "multiple lenses" idea?
Wouldthe main discovery hole and surrounding area be considered one lense?And if they hit high grade in the tower zone that would be anotherlense of the deposit? etc...
Bamako, any thoughts on this idea of needing to prove up multiple lenses? Isn't one big motherlode deposit good enough? ;)