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Vanstar Mining Resources Inc. V.VSR

Metals & Mining Gold
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

Vanstar Mining Resources Inc. > Downside
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Post by beancounter72on Jan 16, 2023 7:08pm
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Post# 35226783

Downside

Downside

I already own more VSR than I care to admit - all well over $1 cost - probably like many of you. Call me crazy, but thinking about averaging down. What are the downside risks at this point?

Gold tanking? what else?
 

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