: Insider buys $1.5m ! Vms Deal almost doneThere is also a JV agreement being finalized between Hudbay Minerals and Vms Ventures.
From Rick Mark's email, " VMS and Hudbay have agreed to extend their target for getting the definitive Reed Lake Agreements complete by June 18/2010. As I mentioned, the quantity of paper (six agreements) and the complexities of the mining and milling agreement have made the process more time consuming than we originally anticipated. I assure you this is our highest priority and we are pushing very hard to complete ahead of the June 18 target.
Rick Mark.
CEO & Chairman.
It sounds like Hudbay will become very active with drilling on the VMS Reed Property after the JV deal is signed. Lots of positive's for both companies (Hudbay and VMS happening) Good Luck to all of us shareholders!!