CRI - Critica Limited

[alphman]

Yeah, sounds like dirt to me....

Interesting how they made the commencement of the third hole to be the "subject" of the announcement rather than the results. It looks to me like they are trying to dress it up.

 

[stockpile]

These guys have really bad sentiment behind them after so many got burned on the dummy run to mid 50's.

I agree they have small market cap, and some good upside potential.

But i dont think they'll get good attention and rerating untill good news comes out better than just some ok looking holes.

Following todays ann Kiwi you summed this mob up quite nicely, bad sentiment and Shane Warne woulda been proud of the way they spun the assay results into todays ann. I will continue to hold in the hope that they can pull a rabbit out of a hole of some sort, but the depths of the drilling are a worry. If the sp can stay at a stable level for a few weeks hopefully the next wave of anns will be more positive.

 

[stockpile]

Yeah, sounds like dirt to me....

Interesting how they made the commencement of the third hole to be the "subject" of the announcement rather than the results. It looks to me like they are trying to dress it up.

Alph see my post above, you noticed this as well, I hope the market reaction is not negative and just waits for further anns in the coming weeks.

 

[Ken]

QUESTION??

Do we buy VMS on the way down, or the way up???

This one has a history of moving fast.

Biggest day of volume for a while.

Should be interesting to see what happens.

Anyone following?

 

[Trader Paul]

Hi folks,

VMS ..... will be alert for news/moves, around:

11-12092007 ..... short, aggressive rally ???

20-21092007 ..... alert for significant and positive news here.

happy days

paul



=====

 

[TheAbyss]

VMS looks like coming out of its pattern.

The have quite a few projects on the go however it could be one of

1. The commencement of drilling at the West Maitland Uranium prospect.

2. The commencement of the in-fill ground based gravity survey and assay results from the third hole at Churchill Dam Iron oxide-copper-gold-uranium (IOCGU) are due shortly.

3. Renison West Magnetite - recent announcement attached.

 

[Synergy]

Anyone following this one recently?

Looks as though the SP is comming to a crossroads. Drill results for Mt Lindsay are expected during May and the buy side looks to be pretty heavily stacked in anticipation.

 

[Synergy]

Here's an article from Minebox that i found at HC as an overview of where things are at. Market cap of 15M with only 66% of shares tradeable and 45% owned by top 20 holders. Announcements seem to suggest they expect tin results to be sufficient to sustain a stand alone tin operation, and thats on top of the iron ore.

Venture Minerals expands operations

Venture Minerals is advancing its Mount Lindsay magnetite project in north west Tasmania. The project is located 25 km south east of the operating Savage River magnetite mine and is adjacent to major rail, power, water and iron ore infrastructure.

Following initial field investigations the company has
commenced a 10,000m drilling program of which around
3,000m has been completed to date. The program is
scheduled to be completed by about June 2008 and an initial resource estimate is expected to be announced in May 2008.

The company is targeting around 25 million tonnes of
magnetite ore for this initial resource estimate. Recent drilling results include 46 metres averaging 43.4% iron. The area was previously explored for tin and lies within a region that includes the Mt Bischoff, Cleveland and Renison Bell deposits.

The historic tin zones at Mount Lindsay are called the Number 2 Zone and the Main Zone and have been shown to contain significant iron ore mineralisation and in addition to the current drilling program the company has re-assayed historical drill holes for both iron and tin.

Significant results from the tin assaying include 16.1m averaging 1.55% tin, 10.9m averaging 1.72% tin, 23m averaging 0.79% tin and 36.2m averaging 0.49% tin. Other potential by product credits include tungsten, copper and gold.

The company’s tenure covers the western and southern flanks of the Meredith Granite with the Mount Lindsay mineralised skarn located off the southern tip of the granite.

A recent helimag survey has outlined a 22 km strike length of potential mineralised skarn of which only about 4 km has been drill tested. The scale of the potential mineralisation has led to a conceptual target of 200 million tonnes of
magnetite ore.

VMS has three projects in South Australia that are separately targeting iron-oxide-copper-gold-uranium (IOCGU) mineralisation, shear hosted gold and sedimentary uranium mineralisation styles and epithermal gold-silver and stratiform lead-zinc mineralisation.

In Western Australia the company has gold, nickel and uranium prospects. The Paulsens South gold project is located is located 4km from the 80,000 ounce per year Paulsens gold mine in the Pilbara region.

At its West Maitland uranium project in the north eastern goldfields of Western Australia, VMS has discovered a 5km long and 800m wide uranium mineralisation zone. VMS controls 25km of the same Tertiary channel system that hosts the Lake Maitland resource.

Minebox - 17 Mar 2008

 

[Buckfont]

27 months since the last post on VMS.

The tin price closed at a two year high last week. I noticed that Diggers a Drillers have a recommendation on it, though that recommendation plus the new highs in the commodity price would have a lot to do with the 18.75% rise in SP.

http://malaysia.news.yahoo.com/bnm/20100810/tbs-kltm-closing-ceeeaba.html

Anybody else have any opinions here, for I understand that the Asian tin quality is becoming quite low opening opportunities for co`s like VMS and CSD.

Any comments?


http://www.infomine.com/investment/charts.aspx?mv=1&f=f&r=2y&c=ctin.xusd.ulb#chart

 

[mrbrisbane]

Was looking at it as a result of the D&D rec but took the $ to the TAB instead. At least I can lose it fast there.

 

[Buckfont]

Was looking at it as a result of the D&D rec but took the $ to the TAB instead. At least I can lose it fast there.

Nice 10.12% gain today to 0.435c, and up from 0.38c over a week.

Investor presentation today on the dwindling tin supply worldwide and lowering production in Indonesia, plus positive news on their Mt Lindsay mine in Tasmania.

Boy am I glad I didn`t go to the TAB like some and bought in well before D and D report.

http://www.aspectfinancial.com.au/d...Jyb3JwYWdlcy9wZGZkZWxheWVkLmpzcA==&popup=true

 

[BraceFace]

Tin price at record high.
Capital raising at 44c.
Trading Halt.
This could get interesting - even Alan Kohler thinks so!
Tin vs Gold = Tin is a winner. Compare at the charts.

 

[noie]

This is a D+D favorite right now also, i will be keeping my eye on it very closely.

 

[noie]

In fact consider the toe now in the water. we will see what they can do with this new cash.

 

[noie]

Round up of the capital raising on FNN, just under 3 minutes.

27 million cash at bank.

drill rigs booked for 2 years!

http://www.finnewsnetwork.com.au/archives/finance_news_network15969.html

 

[stefan_invester]

why does it seem like
noone wants to buy VMS anymore?
is anyone else feeling the same way when looking at its daily action?

any big announcements due out for this one anytime soon?
that anyone knows about?
thankss

 

[triswah]

I suggest you have a look at Finance News Networks interview with Venture Minerals Managing Director, Hamish Halliday.

Venture Minerals on track at Mt Lindsay November 15, 2010 02:59 PM

(I can't seem to post links as i haven't posted enough but type in "Finance News Network" in google)

Worth noting:

- Resource upgrade is due soon
- Pre feasibility statement
- BFS to be completed in Q4 2011
- VMS spending $4-5mil in the next 12 months on extensive drilling program

A lot to look foward too
------------------------------------------------------------------------
IMO DYOR (not sure if there is an option to disclose holdings so disclosing ownership here)

 

[Synergy]

Nice to hear that they expect to be supplying around 1% of the worlds tin, and 3% of the worlds tungsten - with grades that are double the world averages.

Looking forward to the results over the coming weeks.

 

[stefan_invester]

whats going on with this one??????? anyone know??
they had a 28% resource upgrade last week, and its been steadily falling...

anyone have any information or an idea?
thanks

 

[pixel]

whats going on with this one??????? anyone know??
they had a 28% resource upgrade last week, and its been steadily falling...

anyone have any information or an idea?
thanks

Ni (inside) information, but try this for an idea:

VMS needed cash, hence the spp at 44c
In order to get it fully taken up (actually: over-subscribed), it had to trade well above that 44c pitch. Mission accomplished. No need to prop it up any longer, and if people want to take a quick profit, let them.

That's what the chart tells me. And yes, I've also secured my capital plus 15%. If the chart tells me it's found genuine support, I'll come back in.