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: Re: This was way oversold
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May 07, 2009 06:28AM

May 07, 2009 06:31AM

May 07, 2009 07:51AM

May 07, 2009 08:02AM
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May 07, 2009 08:16AM

May 07, 2009 08:17AM
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May 07, 2009 09:27AM

Your assessment and mine are the same. The only reason it got down to $0.25 was because there was no buying at a time some were forced to sell all or part of their holdings. VMS has a great team of professionals and very prospective as well as proven resources. They did a great job of finding a lot of value with a relatively small outlay. Today's action got me back to average cost, and I expect it to go much higher regardless of who is attracted strategically. Keep in mind, there are a lot of Manitoba plays that are attracting interest, so management has a lot more than Hudbay to talk to, and Hudbay itself is a much more attractive target if it has a larger critical mass of Manitoba resources. Today's buying was not 'retail' as most of us are still rebuilding from the meltdown. I expect we have a long way to go up with this one and that the geo team will continue to add more resources this spring and summer. I'd hate to get taken out right now, even at double where it is.

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May 07, 2009 11:42PM

May 08, 2009 06:50PM
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May 09, 2009 09:07AM

May 11, 2009 08:50PM
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