Australian (ASX) Stock Market Forum

VMS - Venture Minerals (1 Viewer)

Joined
Nov 6, 2005
Posts
915
Reactions
0
:)

Hi folks,

VMS ..... another IPO, listing this week on 22092006,
but not seeing strong support for the first couple of days (???)

Some key dates ahead for VMS, may be:

22-25092006 ..... negative cycle

26092006 ..... positive news expected here

2909-06102006 ..... may be positive, but reaction may
be flat trading in VMS.

16102006 ..... 2 cycles here, may trigger a rally

18102006 ..... another positive time cycle ... a high(?)

20-23102006 ..... minor news(???)

06112006 ..... minor news(???)

10112006 ..... minor and negative(???)

14112006 ..... minor

24112006 ..... aggressive rally ???

01-04122006 ..... 2 cycles and negative news ???

14122006 ..... negative spotlight on VMS

22122006 ..... negative news ???

happy trading

yogi

:)
 
Joined
Sep 16, 2006
Posts
258
Reactions
0
you gonna get in? I'm thinking about it. It went for a nice run yesterday. Looks like they have a few ptojects up their sleeves for the future. Looking good
 
Joined
Jul 26, 2006
Posts
56
Reactions
0
D'you get in Maverick?

Looking pretty nice, would have made a tidy profit had I entered at 23c this morning.

Now up to 28.
 
Joined
Sep 16, 2006
Posts
258
Reactions
0
mannnn!! I was about to, seriously just filling out the form then it just rocketed. All happened in about 5-10mins!! Do you think it will settle down?? Dunno what to do now :banghead:
 
Joined
Jul 26, 2006
Posts
56
Reactions
0
My guess is that due to the "MOX syndrome" all these specs are getting a lot of attention at this time.

I'd guess that this will settle down as they're still waiting for approval to drill.

In addition, whilst their drilling program starts late oct/early nov it'll take a few weeks to get results.

I'm trying to get an entry around this mornings open, just happy to wait it out for now.

Another one to look at is CRJ. I think its going to explode on the back of good news.

Will start another thread on it.
 
Joined
Sep 16, 2006
Posts
258
Reactions
0
yeah seems to be settling down. I'm doing the same, hopefully can get in under 25cps.

Thanks 4 the tip...i'll check it out
 
Joined
Jul 26, 2006
Posts
56
Reactions
0
Just not sure Maverick, i'm a little sceptical of day traders jumping on this morning, may sell off this arvo.

Looks like the sell depth is increasing more than the buy depth.

I'm gonna hold out.
 
Joined
Dec 4, 2005
Posts
138
Reactions
0
Buying presure building again already back up to 27 cents , will be another
MOX this stock , just hold on for the ride.
 
Joined
Sep 16, 2006
Posts
258
Reactions
0
Anyone else holding this one? They have 4 projects with uranium, gold, tin, yada yada. Current prices around 23-24cps are great buying opportunity. As usual though, DYOR.
 
Joined
Sep 16, 2006
Posts
258
Reactions
0
buying pressure building up again. Up to 25cps looking to jump to 26cps soon.

Surely the drilling of their olympic dam anomoly must commence soon?
 
Joined
Apr 18, 2006
Posts
1,315
Reactions
0
maverick11 said:
buying pressure building up again. Up to 25cps looking to jump to 26cps soon.

Surely the drilling of their olympic dam anomoly must commence soon?
Bought VMS today. The drilling of their Olympic Dam anomaly in SA is due to commence very soon. According to a recent announcement it is due to commence in Nov 06. The potential upside is quite extraordinary considering the low market cap. A number of other uranium related stocks have been running well lately. Any other views?
As always, do your own research before buying/selling.
 
Joined
Sep 16, 2006
Posts
258
Reactions
0
12km x 4km anomoly is huge. Very good chance they will get some good grades from the diamond drilling core samples... then :D

And this is only one of their projects!
 
Joined
Apr 18, 2006
Posts
1,315
Reactions
0
maverick11 said:
12km x 4km anomoly is huge. Very good chance they will get some good grades from the diamond drilling core samples... then :D

And this is only one of their projects!
VMS is certainly an exciting stock. Further to what you've written, ground gravity surveying over the Churchill Dam Project in SA has outlined an exciting gravity high of 4 milligals magnitude believed to be prospective for Olympic Dam-type IOCGU mineralisation. Drilling to commence very soon.
I further note in Venture's Sep Quarterly Report, that Venture is reviewing other projects in Australia and overseas that may add value to shareholders.
VMS also has other projects including the Maitland Channel Uranium Project in WA which is another potential company maker.
As I've just recently sold ITT and HNR for good profits, I'm building a considerable stake in VMS and will buy more soon. Unfortunately, I've recently reduced my STB holding for a small loss due to further poor nickel results.
As always, do your own research before buying/selling.
 
Joined
Sep 16, 2006
Posts
258
Reactions
0
-IPO opened at a premium.. 22cps
-Managment is experienced and switched on
-Diversity: 4 projects exposing them to Gold, Uranium, Tin, copper & nickel.
-12km x 4km potential find next to olympic dam
-other o/s or australian projects on the cards
-drilling for assay samples to begin at olympic dam project very soon

...and best of all.... a $6.5m market cap

IMO, enormous mid to long term upside.
 
Joined
Apr 18, 2006
Posts
1,315
Reactions
0
VMS management is indeed experienced and switched on. After your tip Maverick 11 I studied this stock and bought this stock largely for its upcoming drilling in SA and for its uranium exposure in WA. It has around $5 million cash and I'm hoping that it will be the next Monax.
As always, do your own research before buying/selling.
 

Users who are viewing this thread

Top