Copper-zinc exploration in the Flin Flon-Snow Lake VMS Belt

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Message: VMS Ventures to Begin Phase One Drilling on the Tower Zone at the Reed Lake

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Re: VMS Ventures to Begin Phase One Drilling on the Tower Zone at the Reed Lake

in response to Re: VMS Ventures to Begin Phase One Drilling on the Tower Zone at the Reed Lake by XP-Collector

posted on Nov 03, 09 11:52AM

I would not ask for more than 3$/lb; if we can't make money on that then we should not be in business. Very high prices could in the long run be counter productive. You may get substitution(more plastic less copper, etc) and you may get more juniors to compete with. 10-15 years ago copper prices were less than 1$/lb and they still made money.

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