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Vanstar Mining Resources Inc. 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 Jacksprat3on Jun 03, 2021 4:36pm
113 Views
Post# 33321132

RE:RE:RE:RE:RE:Another dump

RE:RE:RE:RE:RE:Another dumpA lot of volume on these down days.  This means that weak hands are sellling and their shares are being picked up by strong hands.  Soon, the dump will end and VSR will be back in the  1.00 range.

If IAG tries a takeout offer, it will probably be in the 1.50 range.  Not the home run that we wanted, but at least everyone will be in the green.




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