RE:Nelligan Ballsmeep and other replies, curious to know if you believe a higher gold price is actually a catalyst for Vanstar or even required?
I believe gold at $1800 is more than enough for VSR's projects to be much more highly valued. To me, I'm good with gold staying around these levels when I think about VSR.
If VSR was currently producing, current gold prices would net them excellent profits. Another way I think of it is for large producers, current prices net them ample free cash for them to shop for other near production exploration projects like VSR.
To me, the catalysts for VSR are drilling results at their two projects, expanding the resources at each project, and a getting to a mine construction decision point.