VMS VENTURES INC. VMSTF

WHAT ID GOING ON WITH VMS

[makesence]

I sold VMS Venture early last winter for $.28 and I just came back to see what is going on with VMS Venture. What is going on?    I have very little investments in mineral companies now but I thought I could get back into VMS Ventures at a later time in 2015. Well with such a price drop I it is much better to stay away from mining stocks. I will keep investing in dividend mutual fund instead. I feel sorry for everyone invested in mining juniors though. I thought I had suffered a major drop in my investment in early winter but now it is brutal. What happend to the Hudbay VMS deal? Is VMS being creamed by the Dunlop saga still. Is there a future for VMS Venture? The Reed story was a great story and now it is a very sad story. It is soooooo frustrating.

[wintersun10]

nothing changed, nothing happened. besides perhaps the price of copper...........small but important detail as it turns out....... they drilled though this summer, i think. any results? if not they must have missed, they only took years to prioritize those drill holes, so, that says something.........just like drilling at NAN..................

[wintersun10]

probably most VMS investors did not realize that Hudbay could give VMS any cash calls. only a problem if the costs exceed the revenues. what looked like a sure bet before, the JV with Hudbay, it now appears it could sink VMS if the prices of the commodities continue to sink...... Sept 21 NR: "In addition, the continuing production costs, related administrative and operator costs are due

[NotIntimidated]

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[wintersun10]

clearly if VMS loses on Reed, HBM will lose more since its a 70/30 JV. so, HBM will not be sinking VMS, it will be the price of the commodities and/or the cost of mining.