Copper-zinc exploration in the Flin Flon-Snow Lake VMS Belt
Recent Results Include 6.69% Copper Over 71.69 Metres and 3.74% Copper Over 21.77 Metres
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

Email Updates

Search

AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: Optimistic

Scrooge-mcduck_profile
Rank: [?]
Mail Room
Points: [?]
145
Rating: [?]
Votes: 19 Score: 2.6
  • Currently 2.7/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Re: Optimistic

in response to Optimistic by mccoydude
posted on Apr 07, 09 12:32AM

In the long run it looks to be a good deposit, but...

- fd 133 m shares out, meaning right now 0.10$ cash / share. A lot of explorers trade at cash levels or slightly above, so is this really so undervalued?

- no drilling at Reed Lake! They should be drilling: no assays, no gain....

- no news on cooperation with Hudbay. Seems unlikely they will reach an understanding soon because of management change at Hudbay

- copper price rising strongly (from 1.40 to almost 2 = +42%) and VMS is showing NO reaction at all, which is disturbing...

I think it is a good stock to buy, but not in the short term. The interview with Rick Mark contained no news at all and does not offer any new insight which would justify an upswing of VMS' share price. If they want to improve shareholder value they should drill or announce terms of cooperation with Hudbay.



New Message

Please login to post a reply

AGORACOM Quick Tips

Small-Cap CEO Lessons - Is Your CEO Out Of Touch? ... Not Anymore

President's D.D.

New feature: Hub Presidents can add important links here.