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Bullboard - Stock Discussion Forum VMS VENTURES INC. VMSTF

GREY:VMSTF - Post Discussion

VMS VENTURES INC. > TERRIBLE EFFECTIVELY...!
View:
Post by tirouge1 on Jan 11, 2016 7:59am

TERRIBLE EFFECTIVELY...!

PRICE OF COPPER...

UNDER 2$...at 1.98$...for now...!

tigars43 is probably RIGHT...>>>to 1.25$ by SUMMER...!

NOT ROUSY...!

$
Comment by werdnapk on Jan 11, 2016 9:18am
Hudbay is the one selling the copper right now on VMS's behalf and aren't they hedged to $2.40 or so? 
Comment by tirouge1 on Jan 11, 2016 9:55am
werdnapk you are ptobably right my friend... i'm not aware of this fact... thank...i hope you are right...!
Comment by tirouge1 on Jan 11, 2016 5:05pm
" Hudbay is the one selling the copper right now on VMS's behalf and aren't they hedged to $2.40 or so? " Tell me gringo...where have you taken this information...?!
Comment by werdnapk on Jan 11, 2016 7:02pm
Whoops.  I think I got HBM mixed up with a different copper producer.  Sorry for the confusion.
Comment by tencarat on Jan 16, 2016 11:05pm
HBM might have hedged but that does not mean VMS shares in their hedge.  HBM could buy VMS share at market and sell the whole thing in their hedge.  Signing deals with HBM has always been perilous....   
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