GREY:VMSTF - Post by User
Post by
U3082014on Jun 03, 2011 7:14am
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Post# 18666229
VMS.....Share Price moving forward...
VMS.....Share Price moving forward...Garafalo was recently in Flin Flon.
He was on tour and getting many updates on projects from the 777 North Ramp to the new train car loadout system.
He also got presentations on Reed Lake and Lalor Lake Update.
He now has had a better look at Reed so the wheels are in motion.....
I predict some weakness in share price over the Summer possibly(like the rest of the resource sector).
Frankly folks, with QE2 done in the USA we might see a HUGE pullback in the N.A Stock Markets.
IF we survive until the Fall relatively unscathed I can see a HUGE run-up in VMS's share price. I would bet positive approval from board will see us in the .90-$1(maybe more) range by november.
Keep your eye on the S&P 500 in the USA. IF it declines below 1300 I would start to get nervous.....IF it falls below 1250 we will see 2008 type crash and that won't be good for ANY junior resource stock.