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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 Warlockkkon Jul 06, 2021 6:26pm
210 Views
Post# 33503234

RE:Grandich on Vanstar a bit late but still relevant

RE:Grandich on Vanstar a bit late but still relevantAlong with most things, the cost of mining is exploding, especially high tonnage, bulk , lower grade resources. The Liberals and CBC may tell you inflation is "transitory" ,meaning it will go away by itself, but you would be foolish to believe that. (or anything else they tell you).Gas up your car lately? Buy any groceries? How do you think the higher costs of fuel would effect a large open pit mine? Look at SUP today, 2g/t and investors bail. My bet is run away, hyper inflation, to come. You just cannot as a country keep going deeper and deeper in debt, interest rates rise, taxes rise and of course inflation rises but don't worry Trudeau is a very smart guy, I'm sure he has a plan. HAHAHAHAHA!!!
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