November 20, 2012 09:34 pm
Has a JV with Hudbay for production at Reed Mine 70/30, $10m cash in bank, ~ $100m future cash flow from the Reed Mine.
Estimated earnings from the Reed Mine are projected to be around
Reed Mine Development & Opening Slide Presentations. http://vmsventures.com/Projects/Manitoba-Properties/VMSHudBayJointVentures/VMS-Ventures---HudBay-Joint-Venture-Project/default.aspx