GREY:VMSTF - Post by User
Comment by
U3082014on Apr 29, 2011 3:29pm
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Post# 18508915
RE: RE: RE: RE: RE: SHHH!
RE: RE: RE: RE: RE: SHHH!I asked some questions today about this rumoured "hit" 1.5 kms north of the highway....
The person I was asking would be in the know.
He said he heard nothing.
Either.
They did hit and it is hush hush....so they can buy Reed out as cheaply as possible.
or there is nothing.
I have to think that the spike in share price(with high volume) was pretty much a good sign they hit something.
Most likely leaning towards 5 MT like ALOT of people we expecting the N43-101 to be....
If it is 5 MT your probably looking at VMS shares being worth around $1.75-$2 + what ever other properties they have.
So COULD be $2.50 or higher when they announce more proven tonnes @ Reed....especially if they couple the NR with a positive scoping study and board approval.