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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 Aug 12, 2020 12:44pm
149 Views
Post# 31398663

RE:RE:We know about VSR's high potential...

RE:RE:We know about VSR's high potential...Razor,  I agree.  Why anyone would be selling their shares at this point makes no sense but
this is the stock market and what people do,  often doesn't make a lot of sense to me.   I
still remember the one poster who sold his VSR for a 25% loss simply because he didn't like 
the drama over conflict with the old BOD.  Well we have moved forward from that mini crisis
only to see others continually sell their shares even before these last drill results were released.

As you pointed out,  Nelligan is only going to get bigger with more drilling,  not smaller so as
time goes by,  VSR's part will only get richer,  not poorer.  This only requires patience from the
investor to stick with it in order to reap the rewards.  Try explaining that to those who keep
selling their shares. is like banging your head against a wall.
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