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VMS Ventures Inc V.VMS

Sector: Metals & Mining | Sub-Sector: Industrial Metals & Minerals
Alternate Symbol(s):  VMSTF

Vms Ventures Inc is engaged in the exploration and development of mineral properties in Canada.
Price: $0.235 | Change: $0.00 | %Change: 0.00%
Volume: 0 | Day High/Low: N/A/N/A | 52 Week High/Low: 0.335/0.23
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Still at it

Insider name: Pountney, Glenn   Insider's Relationship to Issuer: 3 - 10% Security Holder of Issuer   Ceased to be Insider: more
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Dear VMS Followers,

Today, 01:45 PM   On Saturday, May 2, 2015 Hudbay Minerals, our JV partner and operator of the Reed mine, announced that one of their employee trade unions representing approximately 12% more
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RE:That was quick!

amazing how quickly 12% works  rate and reply
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That was quick!

VMS Ventures closes $2.75-million private placement  rate and reply
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well i don;t know if im off track or not...but if poutney and hbay have a certain amount of stock that gets uncomfortable for management i just thought they could do options and a p/p that poutnet more
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m8 are you thinking of the shareholders right plan, called a poison pill, to prevent a hostile takeover by a company or individual.  rate and reply
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HudBay has 180 Manitoba workers go on strike

eom  rate and reply
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so, would Pountney be excluded from participating in the financing? don't think so...  rate and reply
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Overnight Reading Material

NAN Release Oct. 23, 2013 Feeling a lot better about my invvestment in VMS. GO VMS GO NAN GO HABS  rate and reply
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let Me Suggest...!

I personally presume that the next development funding will Assean LAKE GOLD ..! HBM is that needs piaffe impatience ... ... and drool!  rate and reply
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If that's the case, I'd like to see management put a considerable amount of "skin in the game" Note: there are also shares available in the "open" market... GP has done a good job of more
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Im thinking the only reason they are financing is to have these shares in strong hands to dilute Poutneys enough so that poutney and hbay won;t be able to do a hostile takeover which management more
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RE:RE:Why the Financing? In shareholders' best interest?

you may be right, they may wish to pay off the 8% bridge loan,although they do not appear to have said why they raised the money and reduced our (the existing shareholders) interest in Reed and more
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Bridge Loan

Yes, they may be raising the money to pay off the Bridge Loan (approx. $3.5M). The bridge loan principal does not get repaid from the the gross profit of the mine until the contribution loan is more
1.5 stars

RE:Why the Financing? In shareholders' best interest?

They probably want to pay off the mine development financing HBM provided. You will note that such a repayment is a condition of doing any share issue. If it means the share price going back over more
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Why the Financing? In shareholders' best interest?

It is hard to figure out why VMS went to the financial markets to raise $3million and to further dilute existing shareholders ownership (and their interest in the Reed mine and NAN) when there more
1.5 stars

RE:Why Now?

Usually financings like this signal that they want some of their friends to get in before the share price starts to rise. And with copper prices way up from just a few weeks ago, VMS's share more
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why Now?

Imenat Cu price not VMC share price  rate and reply
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Why Now?

The  price is raising steadily. IMHO, VMS is doing ok. Why this sudden fianancing? The share price is terribly low. It is like some one strangling us. Where GP stands in this whole set up? Is more
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RE:$3M financing

The share price was held down to get this financing done at an attractive price for the leaches who will be buying it. But this opens the door for Glenn Pountney to start buying again, as he more