Bullboard - Stock Discussion Forum 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... see more

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Vanstar Mining Resources Inc. > loss of words

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Post by garland on Jul 14, 2022 4:52pm

loss of words

it just astounds me how some people continue to sell vsr down to it's cash and nsr value ONLY and completely disregard , ignore etc. what 1.2 million ounces in the ground is worth !! At the current price the market has completely discounted $ 60 million us ( or $ 50.00 us / ounce in the ground) to ZERO

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Comment by willyk3 on Jul 14, 2022 5:17pm

It astounds me as well. Also boggles my mind that with all the crud going on around the globe ...people still flee to the "safety" of the US dollar. Gold at 1700????? Who would have thunk it!

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Comment by unclebobby on Jul 14, 2022 5:33pm

I think it's B.S. flocking to the dollar. Why would anyone in their right mind invest in a bankrupt currency. No intention in paying it back let alone meet interest payments. Deception is to deceive, counterfeiting

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Comment by unclebobby on Jul 14, 2022 5:29pm

your absolutely 100% correct, it's a deliberate action to a cheap take over, just don't know how they got these shares, an investigation should be in order. But as usual a pay off usually works . Imo

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