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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 goldbug1965on Jan 25, 2021 1:46pm
220 Views
Post# 32376949

RE:RE:The Grandich Circus Selloff

RE:RE:The Grandich Circus Selloff

Being right on what ??? Quick reminder on PG claims : 

1. "Vanstar is undervalued because of bad management" (management is gone)
2. "Vanstar is undervalued because of incompetent board" (board is gone)
3. Tender offer from iamgold before year end (2020). Initially claimed $3-$4 per share... 

I'm pretty sure PG and his cult following are averaging above $1 hence the sell pressure... I'm old enough to recognize a stock peddler when I see one. The moment they run out of leverage on a company (which it seems to be the case with PG on VSR), they sell and move on... I'm keeping some VSR shares for long term play, will add under $1... good luck to all

RazorRamone777 wrote: You can't blame PG for anything other than being right. He bought this stock and recomended it at a far lower price than it is now. It went as high as $1.65 once already. If you get any doubts or think you could sell and get in cheaper later, buy all means do so, no stock goes straight up, but don't blame Peter for your miscalculations, I don't. I also sold some time ago and am looking to get back in cheaper. I never would have made any money the first time (or 2nd) if it were not for PG. He also recomended SUP at around $.60 It recently hit $1.52, it's still around a buck. Again, don't blame PG. I also sold SUP some time ago and I thank PG for the profit that I made there.

 

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