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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

Post by edmedon Oct 19, 2022 12:21pm
198 Views
Post# 35033905

Gold tanking

Gold tankingwith rising interest rates and gold price tanking the only consolation is that my junior gold stocks are so beaten down they have little further to drop

VSR in particular

safe to say we are at the bottom of the basement here at .28

I remember back in the 1980's with inflation soring , mortgage rates at 12% the price of gold was soring.
Hoping history repeats itself sooner than later

glta
edmed
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