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Bullboard - Stock Discussion Forum VMS VENTURES INC. VMSTF

GREY:VMSTF - Post Discussion

VMS VENTURES INC. > Options
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Post by werdnapk on Feb 11, 2016 11:10am

Options

So what's the deal if RNX sinks like a boat too?  Their offer will be worthless (more so that it already is) to us.

I can't believe HBM, Management and Poutney would say Yes to this.  Always say no to the first offer and get something better on the next one.
Comment by colt45acp on Feb 12, 2016 6:48am
This deal never made sense in the first place and with P M MOVING up it makes even less . If it looks like a rat walks like a rat and talks like a rat its a rat. The deal needs to be voted down. I will vote that way. jmo.
Comment by wintersun10 on Feb 12, 2016 8:45am
this deal might make sense once you find out how much of a money loser the Reed Mine turns out to be.
Comment by werdnapk on Feb 12, 2016 9:18am
Ok, let's say Reed is a money loser... Why is RNX interested in it then?  If RNX isn't aware of this and end up owning it, then RNX shares get hit due to this "money losing" mine.  So we end up trading bad shares for worse.  Reed being a money loser doesn't make sense... AT ALL.
Comment by wintersun10 on Feb 12, 2016 10:48am
so say the commidities will be booming in the future, that will make RNX soar as well, so that would be good for the VMS shareholders. RNX is up by 15% today, fwiw. Thats good for VMS shareholders. no matter how you turn it, the only way out is a recovery in the metals markets. the rest is secondary.
Comment by colt45acp on Feb 12, 2016 12:21pm
Well do you know that for a fact wintersun10, not getting at you but if you do have those facts please share. You could be right then. So RNX you think is buying a loser? Just asking.
Comment by wintersun10 on Feb 12, 2016 1:41pm
i said the deal WOULD make sense IF the Reed Mine is a money loser. ofcourse i don't know what the next quarter report will be, we will see. Ofcourse RNX could buy a loser if they think, like you, that the metals are poised to go up. no problem about asking questions, what else is the point of these boards.
Comment by colt45acp on Feb 12, 2016 3:27pm
Figures you would take me up wrong. Anyways the P M  are going up and most think Copper has bottomed. Deal makes no sense, jmo. No need to reply. Thank you.
Comment by wintersun10 on Feb 12, 2016 4:43pm
beats me what you are talking about. but we'll see what happens no doubt. all the best to you.
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