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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 RazorRamone777on Aug 12, 2020 5:14pm
118 Views
Post# 31400329

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

RE:RE:RE:We know about VSR's high potential...marketsense, I could understand all the stress over a buyout if we had to continually raise money and thus diluting our S/O in order to keep drilling but we DON'T have to. The drilling is FREE FFS! The more drilling that IMG does, the better, the more $ we will make. I hope for NO buyouts until next year at this time! If people want instant wins, buy lottery tickets! As far as the nervous Nellys selling, many will buy back in at a higher price. They can't stick with rule #1- buy low, sell high.
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