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post Posted: Aug 12 2019, 03:31 PM
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Posts: 6,130
Thanks: 2193

In Reply To: nipper's post @ Oct 12 2017, 01:06 PM

Seems VMC is targeting bonanza grade gold, according to recent PR's,at their recently acquired tenements

Venus Metals Corporation Limited (“Venus” or the “Company”) in conjunction with its Joint
Venture partner Rox Resources Limited (ASX: RXL), is pleased to announce the commencement
of a 5,000m aircore drilling program at its Youanmi Gold Project (Figure 1) and a short distance
north of the historical Penny West gold mine (Figure 1), the historical Magenta and Columbia
gold prospects, and the recent Penny North gold discovery (see ASX release by SPX from 5
March 2019).

Both companies SP have shot up recently - VMC currently 26c.. VMC's jv partner RXL also up - see graphs below. All 3 are getting lots of pumping by DT's, so take care

VMC has scored Christopher Wallin as a substantial holder - he's of QCoal fame - became a billionaire in 2011 then after coal price collapse nudged just under the billionaire status
#41 Chris Wallin

Venus Metals Corporation (Company) (ASX: VMC) is pleased to advise it has received an
application from Mr Christopher Wallin for a private placement of 6,000,000 new ordinary fully
paid shares at A$0.20 per share to raise A$1,200,000 (Placement

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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
post Posted: Oct 12 2017, 01:06 PM
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Up 36% ... identified giant pegmatite at Poona East project in WA

"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
post Posted: Aug 15 2014, 12:35 PM
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Certainly looks like this one has broken out.
upside targets could be quite high imo smile.gif

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post Posted: Jul 2 2010, 12:08 PM
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Renamed by request:




post Posted: Jan 27 2010, 10:21 AM
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In Reply To: mme's post @ Jan 25 2010, 09:24 AM

And came screaming back down very quickly!

Tread very carefully here people devilsmiley.gif

post Posted: Jan 25 2010, 09:24 AM
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Not too much praise about this Company by looking at the postings but is up substantially on today's announcement. biggrin.gif Not holding.


post Posted: Dec 8 2009, 11:51 AM
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In Reply To: BLAST's post @ Jun 15 2007, 04:44 PM

The last paragraph says it all for this board of Directors now driving VNS! Good luck!

On 16 October 2009 UMC and BHP Billiton Group (ASX Code: BHP) announced a

proposed conditional $1.30 per share cash scheme of arrangement between those

parties subject to the above transactions between CRM and UMC not proceeding.

We understand from CRM that each of the preconditions to completion were either

fulfilled or capable of being fulfilled by CRM before 7 December 2009 (including the

receipt of Australian Foreign Investment Review Board approval on 26 November

2009) save and except for the execution of an iron ore offtake arrangement between

CRM and UMC.

The Company is therefore disappointed to advise that completion of the Subscription

Agreement between CRM and UMC did not occur on or before 7 December 2009.

The Company used its best efforts to introduce CRM to UMC and to foster a

partnership to independently develop that entity’s Railway Iron Ore Project. CRM is a

reputable and highly credible Chinese State Owned Enterprise with unparalleled

infrastructure expertise and one of the largest steel product end users in China. With

such a strategic partner, the Company believed that the future prospects for UMC

and its Railway Iron Ore Project looked bright. Despite this, UMC and its Board

favoured BHP’s conditional cash scheme of arrangement at $1.30 per share.

The Company believes that Chinese investment in the Australian resources and

infrastructure sectors has significant benefits for Australia and Australians. Chinese

investment participation has the potential to fast-track project development, provide

or improve critical infrastructure to debottleneck Australia’s vast natural resources,

improve overall mineral project economics and facilitate job creation.

Along with its joint venture partner CRM and other Chinese contact networks, the

Company continues to seek business and investment opportunities in the areas of

infrastructure and off-take arrangements in respect of mineral resource projects. A

core focus of the Company involves working cooperatively with resource companies

and management teams it identifies as reputable, trustworthy partners to achieve

their corporate objectives where they are aligned with those of the Company.

post Posted: Dec 8 2009, 09:16 AM
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In Reply To: BLAST's post @ Jun 15 2007, 04:44 PM

Stay away from this one, DYOR on the directors previous exploits, namely UMC. Check out the threads on the other popular forum (HC)

Sunk shareholders big time, manipulated and sold out to BHP ($1.30) for chicken feed with 120mt of DSO, SP had reached highs of $2.80!!!!!!!!!!!!!

Sunk Chinese who had offered more in a placement to get to port!

Threw away all other tenements as worthless after ramping them up.

Many lost a lot over and above the T/O price

Like I said DYOR big time, it will only end in pain

post Posted: Jun 15 2007, 04:44 PM
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Posts: 34

In reply to: onefineday on Friday 15/06/07 10:04am


sorry, not sure about the technolgy.

have been trying to find some time to do some more checking - this looks interesting wink.gif

Non Executive Directors

Terence William Hogan, Non Executive Chairman
Matthew Vernon Hogan, Non Executive Director
Craig Richard Rosendorff, Non Executive Director

Executive Directors

Simon Coxhell, Executive Director

Terence Hogan, Non Executive Chairman

Mr Terry Hogan has been engaged in the stockbroking industry for more than 45 years. He is a Director of Hogan & Partners Stockbrokers Pty Ltd (“Hogan & Partners”) and past Chairman of the former Stock Exchange of Perth Limited.
Mr Terry Hogan is a past Chairman and Director of various public companies and is currently Chairman of the Perth Diocesan Trustees and Anglican Community Fund Inc

Simon Coxhell, Executive Director

Mr Simon Coxhell is a geologist with 23 years experience in the exploration and mining industry encompassing all facets of the business. He has performed key roles in a number of exploration and mining companies and projects.
Exploration programs and mining projects in Australia, Papua New Guinea, Indonesia and Sardinia have been managed within time and budget. Mr Simon Coxhell has excellent experience and success in a range of commodities, including diamonds, gold, vanadium, oil shale, base metals, platinum group metals and mineral sands.
A strong interest in the metallurgical and mining aspects of geology has contributed to the management of a number of scoping, prefeasibility and feasibility studies into a number of projects.
[COLOR=orange]Mr Simon Coxhell was previously Executive Exploration Director for Navigator Resources Ltd.

Matthew Vernon Hogan, Non Executive Director

Mr Matthew Hogan has had over 16 years experience in the stockbroking industry. He joined Hogan & Partners in 1992. As a representative of Hogan & Partners, Mr Matthew Hogan has been closely involved in bringing a number of company listings to ASX, the underwriting of shareholder entitlement issues and corporate placements. Prior to his stockbroking career, Mr Matthew Hogan worked in the business service division of International Accounting firm Ernst & Young.
Mr Matthew Hogan is also an Executive Director and Company Secretary of United Minerals Corporation NL and Company Secretary of Iron Ore Holdings Ltd.

Craig Richard Rosendorff, Non Executive Director

Mr Craig Rosendorff is a successful businessman based in Perth, Western Australia.
He established his business, ROSENDORFF, in 1973 and it has developed into one of the leading jewellers in Australia.
Mr Craig Rosendorff is recognised for his ability to source quality diamonds and during the past 30 years has developed a significant international network of major participants in the world diamond industry throughout New York, Antwerp, Moscow and London.



post Posted: Jun 15 2007, 09:04 AM
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In reply to: BLAST on Friday 15/06/07 06:41am

Hi Blast
Me too , I found it too late though (after it listed)
Do you know much about the technology their using ?


The market can stay irrational longer than you can stay solvent.

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