Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 edmedon Jan 13, 2023 1:40pm
150 Views
Post# 35221711

RE:Nelligan is now a "World Class Gold Deposit"

RE:Nelligan is now a "World Class Gold Deposit"
The FED is expected to make two more interest rate hikes.  Then by April the Fed is expected to pause.  
A pivot may not happen till next fall.

Any takeover of VSR should be in play well before this pivot because any pivot in interest rate hikes will be like rocket fuel to the price of gold and tank the US dollar.

Mining shares should do well with any pivot by the fed .

Look for SUP to make their move between April and August of this year
My guess is that they have been the source of endless cheap shares and like in the Godfather 1
the one who brings you the deal is the Rat!

JMHO
<< Previous
Bullboard Posts
Next >>