i like how he states reed is supposed to replace the lost production from trout lake, and even goes as far to say atleast 50,000 tons per anum. they plan for reed to be a mine, and the way he says they think they can get it going by 2012, gives me this warm feeling that they wanna race it into poduction and reed is on their minds. this first round of drilling should be nice, and we get a 43-101 within a few months, almost a christmas present from hudbay :)

could very well explain the action seen, great post!

i really look forward to the feasibility study, so we can get some idea of when vms will have some cashflow :) they have done a fantastic job up to this point in gaining the finances for exploration, almost 3 years since the last private placement, and still something like 13-15 million in cash