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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 willyk3on Oct 30, 2022 7:39am
141 Views
Post# 35058334

RE:RE:Still

RE:RE:Still
Maybe all the wise buyers filled their boots at 40 or 50 and are now tapped out. Gutless Canadian small cap resource money managers would no doubt be throwing their cash at small cap oil and gas for the short term play. Vanstar , for all its value , may well be a story that has years to play out. Finally , the gold market just has not performed...the strength of the US dollar has been insane. The high dollar and higher rates seem s to be what these idiotic Americans are aiming for...knowing the pain and suffering that throws the undeveloped world into. Social and economic unrest must surely follow...the only question is when does gold finally revert to its historical function as a store of value. I would say that day is soon. Stay long stay strong GLTA
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