Q: Good afternoon. The first and last question with respect to VMS was on Jan. 2014. Since then, I believe the mine they are partners in (with HudBay) is in production, and VMS is receiving cash flow from said mine. I have previous (unsuccessful) experience with Junior miners, and am unsure what expectations to have with VMS now that they are producing. My broker advises to hold, but I'm not so sure. Other than VMS and a small position in Goldcorp, I have negligeable exposure to mining.
What sort of upside does VMS have, assuming copper prices remain steady?
Q: What can you tell about VMS? It's carried to production in 2014 in a joint venture with Hudbay and owns shares in North American Nickel as well as interests in other properties.
Thanks
Joe