Look into someone posted on VMS board today. it is something I never understood between Halo and VMS.
Here is an example:
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29486605&l=0&r=0&s=VMS&t=LIST
....."VMS Ventures and HudBay Minerals have guided towards an initial resource estimate for the Reed Lake project in three to four weeks' time.
Our rough estimate for the resource is around 4 million tonnes with an average 3.5-4% Cu-equivalent grade representing approximately 350 million lbs of Cu-equivalent mineralization in the ground. HudBay's CEO, David Garofalo, has previously announced HBM's intentions to rapidly advance Reed Lake towards production. We expect Reed Lake to come into production towards mid- to late-2012. HBM management has hinted on proposed access by ramp, producing 1,000-2,000 tpd with the ore being processed at HBM's Flin Flon
concentrator."...............
Hey Guys!!
VMS has 30% of those anyway!!! AM I WRONG? Why Market cap has this much difference!!
VMS has 90 Million MC and Halo has 14 Million MC.. ( Approximately )
Here: Halo's
https://www.halores.com/news/pdf/2010%20PRs/101104.pdf
Halo has N43-101compliant resources 24.4 million tonnes contains 362 million lbs of Copper!! OPEN PITALBLE
( Halo has 100% ownership )
Thanks in advance! GLTA!!!