GREY:LACHF - Post by User
Comment by
ak27on Mar 27, 2009 7:33am
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Post# 15875977
the value of the VMS system at Hassai
the value of the VMS system at HassaiRH wrote: I don't think that people fully realize the value of the VMS system at Hassai.
Few points for further considerations included
- the cost of VMS mining (most expensive extraction method) and
- the method of VMS extraction ( comparison with Nevsun is helpful to the point - Nevsun' VMS operations involve surface, open pit mining; projected LMA's VMS operation will be underground.
So, realizing the VMS value is like predicting the LMA's share price in a distant future. On the last point, I notice that when I post a guarded comment, LMA's shares tend to go up sharply. Let see whether this observation will hold today