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Message: Clarification on drilling plans...

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Clarification on drilling plans...

posted on Apr 15, 09 11:14AM

The April 6 broadcast by CEO Rick Mark has a lot of shareholders thinking that there will be little to no drilling until next year. I personally find this preposterous. My question is this. What is the short-mid term plan with respect to drilling and where is it going to happen? Another question on everyone's mind right now is why aren't they drilling the new 2km long anomaly at Reed Lake? (aka potential motherlode). If I had to speculate I would say because they are waiting for some kind of agreement with HBM that would have financial implications - re-worked JV of some sort involving exploration expenses etc. In any event, if you could inquire with VMS management I (and I'm sure all of us) would appreciate it.

Cheers,

Kivas

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