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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 SPACEDOCon Jan 17, 2022 1:11pm
151 Views
Post# 34325041

RE:RE:VANSTAR MINING RESOURCES 2021 REVIEW AND OUTLOOK FOR 2022 –

RE:RE:VANSTAR MINING RESOURCES 2021 REVIEW AND OUTLOOK FOR 2022 – Well let's think
1). Did the gold disapppear in the ground?
2). Did the price of gold change all that much ?
3). Did SUP advance their project close to Nelligan?
4). Was Felix drilled all at that time with results pending ?
5). Did their 1% royalty at Nelligan Disappear?
6). Did other blue sky projecst exsit at that time at all?


Certain high profile investors thought management sucked and in fact purged the former CEO and others on the BOD. Also some peopel like Victor Cantore were suppose to be a big part but became a non factor....They sold massive amaounts along with followers of the same so the price tnaked until the invetsment community at large sees the value that HAS NOT CHANGED!!!!

So in fact from that price nothing but positive things have happened. When big investors sell of thye take others with them. Add to that tax selling and you have the price where it is with a ridiculous undervalued per ounce of Gold in the hopper already.
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