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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

Post by willyk3on Aug 27, 2021 4:09pm
189 Views
Post# 33777033

As usual

As usualpicked up a few more shares today.  For me its a buy under .50 for sure.  I liked it at a buck and a quarter and nothing has changed for me.. Gold is still at 1800, its a commidity I want to be in to protect myself from the upcomoing inflationary debacle. I know this is an explorco and not a producer but for me this is a quality deposit ...with great potential. 
Dont know why PG would be dumping at these prices....but heh...if I have cash ...Ill be there
All the golds are down...not just VSR...hope there are afew more like me out there who see this as an opportunity ..not a disaster.
Hoping for good news....glta

BTW  i hope garland is right about IMG....Iused to own some years ago...but they have got to be the most inept mgmt team in mining...gave up after they sold that cash cow of a niobium mine...sure hope somebody just buys them out....when someone new has a good look at nelligan..itll be takeoff time and they will buy out Sups property to boot!!!
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