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VMS VENTURES INC. VMSTF



GREY:VMSTF - Post by User

Comment by EStreeton Mar 17, 2016 1:34pm
122 Views
Post# 24670799

RE:RE:RE:So whats behind this,,.

RE:RE:RE:So whats behind this,,.Thankyou kindly for the info folks, the cash position is of particular interest as their was really no hurry to run out and make a deal when copper was at a historic low,,,,,, especially after sticking it out for so many years,,.

Still more questions then answers,,.

Was there a point when the Reed mine would have added positive cash flow to VMS's balance sheet, I know the grades were high so it must have been producing at a profit all thou drastically reduced ?

Really don't understand why the high breakup fee,,. Maybe HBM would have got tired of associating with these penny flipping amatures and taken us out of our misery, now they just have another bunch to deal with,.
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