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Vanstar Mining Resources Inc. 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 EZY1955on Jan 12, 2023 7:44pm
117 Views
Post# 35219934

RE:RE:why?

RE:RE:why?Quite simple. Despite what others will tell you (and they are right under your noses) there are shareholders out there that either fed up or tired of the story and they are getting out.  This story is just starting to gain traction and, quite frankly needs a new group of buyers. A 5 million ounce plus gold deposit of which 2 million has leapfrogged into the indicated categroy is a total rarety in North America. Give it time. Every mining platform in the country picked up the story today.

While the frustration is totally understandable, those on this page keep bantering theories and suppositions with zero basis. No one posting here is going to pick up the phone and buy a million shares. Sophisticated investors don't work that way and believe me, they don't come to this page for advice.

Give it some time. 
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