Australian (ASX) Stock Market Forum

CRI - Critica Limited

Thanks Kevro. Besides its interests already discussed frequently (Churchill Dam and the Maitland Channel Projects) VMS also has the Paulsens South Project (WA) and the Renison West Project (Tasmania). The Paulsens South Project is located 4kms from the 80,000 oz p/a Paulsens Gold Mine. The Project also has 5kms strike of the Marra Mamba Iron formation prospective for iron mineralisation. VMS is currently trading at 31c on volume of over 900,000.
As always, do your own research before buy/selling.
 
im pissed off...

i am linking my westpac and bt margin lending accounts.

5k was going into VMS at 30 cents. bugger.
 
greggy said:
Maverick 11 generously highlighted VMS to me and I'm grateful to him.

Sorry mate, should have brought this up earlier... perhaps now is a good time to discuss my cut and fees with you? 15% will do...and jeez, we already know you have 100,000 shares, so no funny business :D

Looks like VMS is gathering some momentum as of late and has been establishing higher support over the last couple weeks. Anyone spoken to someone from VMS to sus out when they are looking to commence drilling, and how much longer for approval, etc?
 
maverick11 said:
Sorry mate, should have brought this up earlier... perhaps now is a good time to discuss my cut and fees with you? 15% will do...and jeez, we already know you have 100,000 shares, so no funny business :D

Looks like VMS is gathering some momentum as of late and has been establishing higher support over the last couple weeks. Anyone spoken to someone from VMS to sus out when they are looking to commence drilling, and how much longer for approval, etc?
Hi Maverick 11,

Compared to other stocks VMS seems undervalued. It has four main projects, of which the Churchill Dam and Maitland Channel Projects excite me in particular and $4.96 million cash.
Thanks once again for the tip. Hopefully, I'll repay you one day with a tip just as good. There's been well over 1 million traded today and the sp has gone as high as 33c.
As always, do your own research before buy/selling.
 
Ken said:
im pissed off...

i am linking my westpac and bt margin lending accounts.
5k was going into VMS at 30 cents. bugger.

If I had extra money, I would be buying more VMS at current prices.
As always, do your own research before buy/selling.
 
Ken said:
i am unable to trade due to the linking process.


ERRRRR :banghead:

D'oh! Hopefully, it will all work out for you. Having missed out on Monax in the mid 30s, I hope that VMS becomes the next Monax. It certainly has lots of potential, so much so that I sold all my STB to get into VMS.
As always, do your own research before buy/selling.
 
Ken said:
i am unable to trade due to the linking process.


ERRRRR :banghead:
Interesting to note that over 1.4 million were sold today with the sp closing at 31c. Rising sp on good turnover for this stock. Also, there are 5 buyers at 30c wanting a total of 625,000 shares.
 
Hi Greggy, our friend the big buyer was trying everything to bring the price back when it threatened to get away. He tried capping the sell side with 600,000 odd shares before moving to the buy side. I believe he was the one who reigned it in when it went to 33/34c. Turnover might have included some of his own shares. Shows he is keen.
 
I am in this morning - heaps of potential with this one

only 26 million shares on issue - drilling olympic dam style mineralisation

should have a regular flow of news over the next few months

DYOR and then buy some
 
imajica said:
I am in this morning - heaps of potential with this one

only 26 million shares on issue - drilling olympic dam style mineralisation

should have a regular flow of news over the next few months

DYOR and then buy some

good to have you on the VMS train mate
 
imajica said:
first class tickets all the way on the VMS train!
the porter said i had to ride in the luggage compartment. i showed him my tickets : "bought it yesterday," i assured him. " you are a lucky fellow,sir. there are very few tickets left at that price." ( incidently, the train carriage was made by QHL composite technology. just thought i'd let everyone in on another secret! )
 
imajica said:
I am in this morning - heaps of potential with this one

only 26 million shares on issue - drilling olympic dam style mineralisation

should have a regular flow of news over the next few months

DYOR and then buy some
VMS indeed has a lot of potential. With the rising share price (it was up again today) and volumes, obviously an increasing number of shrewd investors are getting on board. Good luck with your investment.
 
kevro said:
Hi Greggy, our friend the big buyer was trying everything to bring the price back when it threatened to get away. He tried capping the sell side with 600,000 odd shares before moving to the buy side. I believe he was the one who reigned it in when it went to 33/34c. Turnover might have included some of his own shares. Shows he is keen.
G'day Kevro,

515,919 shares were traded today. VMS finished at 31.5c/32c, last sale 31.5c. Interest is certainly increasing even in this forum. Thanks for the Paulsens info. The Paulsens South Project in WA is very interesting as it is potentially prospective for both gold and iron in particular.
When researching this stock I bought VMS it for the Churchill Dam and Maitland Channel Projects, but the Paulsens South Project could potentially add some further icing to the cake. All 4 projects infact are potential "company makers," the fourth project being at Renison West in Tasmania.
As always do your own research before buying/selling.
 
Hi Greggy, just been having a nap. Currently working night shift which is a bit tiring when following the sharemarket in daylight hours.

On the subject of Paulsens south, do you have any idea where they are in relation to the SRX project. To tired to research and do a proper comparison. They have two very nice projects if they are close enough which would benefit from nearology.
 
ASX ANN today; SP up 2.5 cents to 34

http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00668354

Venture Identifies Significant Gold/Copper Mineralisation at the Paulsens South Project in WA
Thursday, 16 November 2006

Australian based mineral exploration and company Venture Minerals Limited (ASX code: VMS) has identified a combined strike extent of over 1.5 kilometres of prospective quartz veins within the Highway Fault Zone at its 100% owned Paulsens South Project.
 
Morning BigDoggy, looks like this annoucement seems to have broken buyer resistance and hopefully it will have the same effect on the SP as the up your nose and away it goes product
 
This stock is looking great. 4 projects on the cards and poised to really go places in the not too near future imo. It also appears as though resistance has been broken and we should hopefully also see a new bottom point establish.

Imajica, hopefully this one will help you out after you kindly helped me with AAR

cheers.
 
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