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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 Jan 12, 2023 4:05pm

why?

gold goes up $23.00 and breaks $1900 , we add another 2.0 million ounces to Nelligan and we go down  WHY?????  (I give up)
Comment by willyk3 on Jan 12, 2023 4:11pm
Not only that ...but SUP  gains a nickle!
Comment by Ballsmeep on Jan 12, 2023 4:11pm
Absolutely ridiculous. Sells off lol
Comment by beancounter72 on Jan 12, 2023 4:15pm
Makes me wonder if PG actually is still selling in this. He owned a ton of stock, and after he said he was going to sell, I don't recall millions of shares being sold.
Comment by edmed on Jan 12, 2023 5:16pm
I believe this stock has been heavily manipulated. Don't know by who but you only have to look around the real estate and see which other companies stand to gain by taking us over. Then look at who owns large shares in those companies makes you wonder. this price is ridiculous and it looks like nothing short of a takover is going to move the price upwards. jmho edmed
Comment by unclebobby on Jan 12, 2023 6:47pm
Frustrated by the manipulation,  at least volume is up, ask Ballsmeep  ,apparently he understands the  market and will be happy  to explain it to you.  Hold they will eventually run out of cheap  shares,  when offer comes it will be by the manipulator  imo
Comment by EZY1955 on Jan 12, 2023 7:44pm
Quite simple. Despite what others will tell you (and they are right under your noses) there are shareholders out there that either fed up or tired of the story and they are getting out.  This story is just starting to gain traction and, quite frankly needs a new group of buyers. A 5 million ounce plus gold deposit of which 2 million has leapfrogged into the indicated categroy is a total ...more  
Comment by RazorRamone777 on Jan 13, 2023 11:04am
                    "Mineral Resources have increased by 92 per cent in tonnage, WITH A 15 PER CENT DECLINE IN GOLD GRADES, for an overall gain of 63 per cent in metal content".  In this inflationary enviroment, with mining costs exploding, Grade is king!
Comment by willyk3 on Jan 13, 2023 11:25am
True ebough but never underestimate the importance of being in a friendly and safe mining jurisdiction, with plenty of available infrastructure close by, power ,roads and most importantly , capable people!
Comment by Ballsmeep on Jan 13, 2023 12:47pm
Exactly why this low grade project gets built eventually 
Comment by ruffus23 on Jan 13, 2023 2:55pm
With +5 million ounces there will be large higher grade areas.  As the deposit grows more high grade areas will appear.
Comment by Jacksprat3 on Jan 13, 2023 3:39pm
I hope that you are right, but why do you think that?
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