RE:my perspectiveI agree with Garland. It will be a very big deposit. Considering that there has been very few discoveries in the past decade anything can happen now. IMG being taken out ( Cot Gold and Nelligan are very attractive targets being 2 out of 25 major discoveries in the last 10 years), VSR being taken out, who knows what can happen.
https://www.spglobal.com/marketintelligence/en/news-insights/blog/a-decade-of-underperformance-for-gold-discoveries We are in a Gold bull market and Major wants to replenish their project pipeline as their reserves stands at around only 10-15 years of production and given the lead time to permit and build new mines they will need to act relatively soon. Given the very few discoveries and therefore very few potential targets for the majors, It would be stupid to not at least own a few share of it for anyone believing in this gold bull market... Only 25 dicoveries in the past decade.. think about it!!!!
This is my opinion take it or not. I am not saying here to put all your eggs in VSR but investment should always be diversified by owning a basket of different stocks but not having a position here would be stupid in my opinion for anyone investing in junior gold mining.
I don't see the stock going much lower than .65 so but the potential could be 4-5x from here. Good assymetric risk/reward. I did buy a chunk at 0.65-0.66 few days ago and also at the same level few months ago when it reached that level..
GLTA.