that its only a matter of time for VMS shareholders to see the true value of our shares... A friend emailed me this article that was recently posted. My aplogies if it had already been posted on the board.

By Kristine Owram, The Canadian Press

TORONTO - The new chief executive at HudBay Minerals Inc. (TSX: HBM.TO) says the company will seek acquisitions and grow internally under new management in the wake of its failed takeover of rival Lundin Mining Corp.
"We're a company that I describe as being in a perfect storm," Peter Jones said in an interview Wednesday with Business News Network, a business TV channel based in Toronto.

"We have low market valuations for competitors and mining assets in our field, and we're a company that is sitting with approximately $700 million on our balance sheet.

"That leaves us in a position to be an acquiror for growth and also to look at organic opportunities inside the company to grow new deposits, for exploration and also where it might make sense for shareholders, any potential acquisitions of us that may become apparent."

Blackmont Capital mining analyst George Topping said HudBay will likely focus on bringing internal assets online, including the Reed Lake deposit, which HudBay owns jointly with VMS Ventures (TSX: VMS.TO), and the Lalor Lake deposit, both in northern Manitoba.