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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 Mar 03, 2021 9:42am
176 Views
Post# 32703631

RE:Price and value - my final comment until news

RE:Price and value - my final comment until newsA fair assessment IMO.

Problem is the huge sell pressure outstanding. Grandich and company have millions of shares to offload. They will capture any upsides.

The best thing that could happen is a capitulation to lower 0.50s, a complete refresh of the shareholders base... Until then it will grind it's way lower.
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