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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 edmedon Jan 24, 2023 9:27am
118 Views
Post# 35241947

RE:RE:RE:RE:RE:RE:RE:perspective

RE:RE:RE:RE:RE:RE:RE:perspective
you are correct beancounter
I am up to my gills in this stock

my conviction in this play is strong that it is excellent value and that the gold is there

I am not buying more at this stage because this is the junior gold market

a pit of vipers and theives

where companies like ours are often sold not for what they are worth but for what back room deals and high powered players concoct to steal companies from hard working investors.

have seen it time and time again

try to avoid companies that I think will fall prey to this

was hoping that the deal with IMG would make this company sell for what it is worth but as time goes on and the endless sale of cheap shares appear from who knows where ...I am increasingly concerned we are going to get hosed

edmed
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