GREY:VMSTF - Post by User
Comment by
Tamerackerdownon Aug 11, 2011 8:56am
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Post# 18929980
RE: Re: Reed updates
RE: Re: Reed updatesNot sure were you got the 255 million lbs CU,but if that were true this thing should be trading in the 4.00 range or higher.lol Anyway in my opinion VMS management should be pressuring HBM for the results from the drilling at the original discovery area,as they have had a drill or drills poking holes there ever since they signed the JV with VMS and we have maybe had 2 updates on just a few holes since then, there must be a whole sh-t load of data they are holding back. I've said before and I'll say it again. In HBM's eyes the less know about it at this time the better as they do not want to much publicity on this discovery just yet,at least not until they have it securely in thier back pocket,right now they have 70% wait till they have have 100% then the news wll flow regularly on the Reed discoveries. Last spring management said there would be a steady stream of news from thier multiple land holdings which in my opinion should have been news from the different drill programs at the very least every two weeks, Seems a blackout has occurred with all other land holdings.lololol