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Bullboard - Stock Discussion Forum VMS VENTURES INC. VMSTF

GREY:VMSTF - Post Discussion

VMS VENTURES INC. > TSX-V and Base metals
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Post by freeedom45 on Mar 01, 2016 11:08am

TSX-V and Base metals

The Venture exchange has been showing strength as of late and has also broke through "key" resistance imo. Also looks like base metals may have bottomed (time will tell). Copper, in particular, looks like it has room to move. I believe, the supply is a tighter than what the price is currently reflecting. 

Not sure I understand the urgency to make and agreement on Reed Lake at this time. It currently looks like we may have thrown the anchor out at a time our boat could be setting sail.
Comment by werdnapk on Mar 01, 2016 1:56pm
As I posted previously, this takeout offer has capped the stock price.  If we had no takeout offer, VMS would likely be at least 0.10+ cents now.  We're just being kicked while we're already down IMO.
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