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Bullboard - Stock Discussion Forum 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... see more

TSXV:VSR - Post Discussion

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Post by garland on Oct 30, 2021 12:40pm

price

Great to see the price increase ! .looks like we got rid of the floor traders but they did provide a great source of cheap stock. ( should have bought more) lots of news to come -  infill assays on Nelligan but hopefully some game changing M@A. It appears IMG is more excited about Nelligan -  they are certainly more active!  With Cote and now Gosselin becoming a combined SUPER - PIT ( 8+ million ounces )  this should put a lot more emphasis on everything with IMG in this part of the Abitibi ( Nelligan included )

winter program going to happen for certain leading to dozens of new holes ( including the drilling for the past 3 MONTHS ) for the new 43-101 still planned for 1st quarter 2022 ( IT WILL GROW!!!)

I'm hoping we have bottomed out and it is north from here .We start all over again only the story is twice as large and better on the Nelligan front and perhaps elsewhere.

Fingers crossed ( stay positive )
Comment by Turbulenz on Oct 30, 2021 1:56pm
This post has been removed in accordance with Community Policy
Comment by marketsense on Oct 30, 2021 1:58pm
Thanks again for the update Garland.  Its been very painful to see VSR slugging it out at the bottom of this grossly discounted price range.   I simply refused to sell at such a ridiculous discount but am somewhat encouraged to see it start to perk up.  That one day this Thursday when it traded 450K seemed to be the turning point. That cleared out the blockage that was holding it ...more  
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