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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 marketsenseon Jun 07, 2020 1:31pm
124 Views
Post# 31121805

RE:RE:VSR

RE:RE:VSRYes,  it has demonstrated great resiliency each time there there has been a drop in gold price.
I haven't bought in yet but have been watching this play develope.  Didn't have the funds until recently so now am in position,   The things that impress me is that from a speculation
point of view,   this is passing every smell test one could ask for.  

1.  You have a deal with a major who is paying for the drilling

2.  Already have a mineable deposit(3M oz) and open ito expansion

3.  IMG is purchasing more claim blocks surrounding the property

4.  Making a deal with the other junior in the area 

4.  Property located in Que,  a friendly mining jurisdiction

5.  Took on a big name strategic player,  Pat DiCappo for a reason one  can only guess,  to push          
    and help promote this project and to protect and enhance VSR's interest in any further dealings
    with IMG.   Specifically any possible takeover proposal.

Have I missed anything?  I know I'm not saying anything new for those already invested but thought it would be helpful to list in a concise manner,  all the reasons why this name 
should conitnue to attract investors attention.
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