Vanstar Mining Resources Inc. VMNGF

Primary Symbol: V.VSR

Metals & Mining Gold

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.

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Vanstar Mining Resources Inc. > averaged down

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Comment by edmedon Feb 17, 2021 12:59pm

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Post# 32585640

RE:averaged down

I agree with you
Although I am not a chart expert........the gold chart seems to be in the process of making a classic cup and handle formation
this is usually considered to be very bullish longterm
the downside her seems to be around 1745-1750