Post by
mtsuit on Nov 06, 2015 9:09am
Payable to HBM dropped sharply
from HBM 9/30 financial statement:
As at September 30, 2015, this receivable from VMS Ventures was $12,806 (December 31, 2014 and January 1, 2014- $17,417 and nil, respectively).
from HBM 6/30 financial statement:
The receivable has been discounted and has been classified based on the expected timing of ore purchases. As at June 30, 2015, this receivable from VMS Ventures was $17,681 (December 31, 2014 - $20,206).
So that's a favorable change of $4,875 in just 3Q
Comment by
freeedom45 on Nov 06, 2015 11:51am
The 2nd quarter was reported in Canadian $ and 3rd quarter is in US$.
Comment by
freeedom45 on Nov 06, 2015 11:51am
The 2nd quarter was reported in Canadian $ and 3rd quarter is in US$.
Comment by
wintersun10 on Nov 06, 2015 12:49pm
At June 30, 2015 the balance of the contribution loan is $18,870,567.52." Read more at https://www.stockhouse.com/news/press-releases/2015/09/21/vms-ventures-provides-update-on-reed-mine#zo0i7lomQivqAY0p.99 this is in CN$
Comment by
nezcasse on Nov 06, 2015 1:57pm
yes...dropped sharply like the SP here...!
Comment by
axegirl1 on Nov 06, 2015 3:24pm
A 5 cent SP is not out of the question by Christmas. Things are only going to get worse for commodities as the world turns.
Comment by
timinou29 on Nov 06, 2015 3:34pm
axegirl1... hanged in the piggery is not out of the question by Christmas...! poor loser...!