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VMS VENTURES INC. VMSTF



GREY:VMSTF - Post by User

Bullboard Posts
Comment by U3082014on Apr 26, 2011 9:41pm
274 Views
Post# 18492141

RE: RE: RE: RE: RE: RE: RE: More Info

RE: RE: RE: RE: RE: RE: RE: More Info



HBM&S isn't hiding anything....and I am not from Management.

Reed is a GO.

Board approval is a formality.

Timeline is somewhat different than what some expect on this board.

Scoping study will give some cost estimates.....the followed by   Board approval.....then  Permitting(this takes at least a couple of months).

Reed Mine construction will likely start this Fall.

Ramp/decline won't start until Spring of 2012.(this is Gospel)  This is common knowledge people....

Production in Late 2012.

Royalties to VMS in 2013.

VMS to start paying for 30% of CAP EX in 2013.

GLTA!
Bullboard Posts