GREY:VMSTF - Post by User
Comment by
U3082014on May 17, 2011 7:43pm
358 Views
Post# 18591019
RE: Well im starting to learn something here
RE: Well im starting to learn something hereWell it isn't exactly a FREE ride to production.....
VMS is on the hook for 30% of CapEx and other mine startup costs.
For the first few years those expenditures could be quite high....
That is one of the negatives affecting this stock and probably main reason why it has underperformed the shareholders expectations.
I am guessing alot don't want to buy and hold....they want instant gratification, then quick sale and move on.
At these levels it is a STEAL BUT you may have to wait a couple of years to get 4x or 5X your money back.