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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 gisellekronkon Jun 26, 2021 3:59pm
204 Views
Post# 33456497

RE:RE:In formation from the CEO

RE:RE:In formation from the CEOedmed , the stock price a lot of times does not reflect what you think it should , because there are many many reasons , sure they have drilled a big resource and maybe the drill bit will show more , but whats the cost to mine it , how long for permits , how long until first pour ,will they need to sell more stock to make the mine happen  etc etc  etc . i own this one , and also osisko ,osk , they are expanding their resource with every drill , and each time its reported the " good news" drops the share price . 
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