Market Cap.
posted on
May 13, 2008 04:34AM
At $55 Million, the market cap is tiny. Copper is in a long term secular bull market as Russia, China , SA all need major system builds. So if Reed turns out to have a viable Cu mine, VMS will explode. Bottom line is if you think Reed looks good , do not wait for $1.50 to add to positions. I take management's focus on Reed to be a great indication , and it is a big property without a lot of hitchhikers.