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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 marketsenseon Aug 28, 2021 10:15pm
172 Views
Post# 33779031

RE:RE:PG response

RE:RE:PG responseI think the more important question is why not who.  It could be a bunch of PG's
followers who have moved on to another one of his recommendations.  It doesn't
really matter but the why part does.  If that is the case,  then it is what it is and
VSR is probably better off without them IMO.  Once they have unloaded their
holdings ,  VSR will be in a much cleaner position with hopefully stronger hands
that recognize the value and are willing to hold for a decent recovery and eventually
a s/p that more reflects that value.   That is why I bought more and will exercise
some patience here.  We are still operating in a bullish gold environment with 
inflation starting to become alarming.  If the Fed keeps stalling off in raising rates,
gold has no where to go but up and IMG and VSR will get dragged along with gold.
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