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Vanstar Mining Resources Inc. VMNGF


Primary Symbol: V.VSR

Vanstar Mining’s Nelligan gold project joint venture with IAMGOLD (25% VSR/75% IMG), located 60 kilometres SW of Chibougamau, Quebec. Vanstar retains 25% undivided non-contributory carried interest until commercial production. Nelligan is one of Quebec’s largest gold projects containing approximately 5.6 Moz of gold. Vanstar has signed an LOI with IAMGOLD to acquire a 75% interest in their Bousquet-Odyno property. The project is 6km from IAMGOLD’S Westwood mine.


TSXV:VSR - Post by User

Comment by Ballsmeepon Nov 21, 2021 6:42am
140 Views
Post# 34150288

RE:insider buying

RE:insider buying This is the cheapest stock i know of. It has been said way too often that their 25% or less stake in nelligan Is what the current share price represents. Was said by ceo and big investors at $1 us. Has been said many times on the way down to .30 us. Vanstar is so undervalued this is actually rediculous. I loaded here at low .30s. Will add more monday. They have plenty of gold here and we dont need amazing drill holes to prove it. But imagine if we get some banger holes! This is IAG only Jv look how they operate Nelligan is on deck to get into production at some point they are just protecting shareholders and doin DD through the drill. IMO this gets over 5mil oz. Patience yall. GL
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