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

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Message: Second dip

Second dip

posted on Jul 30, 2009 05:52AM

I believe that hardly any news releases would have made much effect on the sp in the last 9 month. We have seen growth in the markets in last 2-3 month, but I believe we are going into second dip right now. Yesterday's 5% drop in Chinese markets included large metals producers including copper producers as well. Hopefully something comes for VMS after we pass this dip and are clear for takeoff. The management has previously made good calls, such as pp at $1.5 and is still sitting on some amount of cash. It is hard to stay long, but I am sticking to it.

Just my opinion,

good luck to all

XP

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