GREY:VMSTF - Post by User
Comment by
axegirl1on Aug 06, 2010 7:44pm
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Post# 17329746
No buyout
No buyoutWhat? No buyout. Hudbay is not going to buy Vms, and honestly the Vms company is not for sale. However, you can expect a very good long term business relationship between Hudbay and Vms..
You can expect more JV deals down the road as Vms explores their other properties. A multitude of producing
mines where discovered in the Snow Lake area. There will be more discoveries. Vms will have a good steady income from Reed to explore. A buyout? I seriously doubt it.
A junior needs a producer and a producer needs more discoveries. It is a perfect marriage.