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: HudBay News Release

Re: HudBay News Release re: acquisitions

in response to by
posted on Mar 25, 2008 07:54AM

Does anyone have any insight into what it would take for HBM to make the move to earn their 60% interest in VMS?

They have the money.  VMS is close and has significant land claims.  VMS is hitting good mineralization.  So what is the catalyst that will bring it to pass??

Do they need to prove up more? 

Is HBM just being patient and letting VMS do the work as they can earn this 60% at any time?

Would there be a situation where HBM might offer to buy the whole deal?

Has VMS management given any indication of taking this to a mine or are they strickly looking for a JV / Buyout?

Thanks

 

 

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