Vanstar Mining Resources Inc. V.VSR

Amanda

[drzacon]

Everyone now knows that Nelligan's play will be longer than expected. IMG won't budge until their Gold Cot project is in production. In a production chain, the most developed projects are completed first, which is normal... Nelligan has become a long-term project... a kind of bank asset.

 

Now, the company's strategy should be to focus on its Amanda project which is located in the heart of a potential lithium play between Cygnus and Patriot Battery. The Amanda project acquired by the former management of VSR contains several interesting gold showings as well as several pegmatites ( pegs ) identified on the surface by the MERN and by drilling in the 2000s by the Virginia company. However, the drill intersected pegs were not assayed even though they contained several indicator minerals. A borehole located less than 300 meters west of one of the pegs identified on Amanda intersected several zones containing 5 to 15% spodumene (boreholes 2010-11 and 2010-12). Drilling by Virginia on Amanda also intersected this same peg but no assays were taken at the time.

The Amanda property has the immense advantage of being an hybrid property offering interesting gold potential (see historical drilling) as well as a lithium play, which is and will be in demand for decades to come. It might be time for company management to take advantage of all these benefits and not just sit on the IMG bus.

Gold is fundamental, lithium is becoming essential for the battery industry... let's take advantage of this opportunity.

[unclebobby]

Excellent logic,  we can only hope management  gets off their asses  . Hopefully they have been doing some planning of some sort and  ready to take action.  Doing nothing but wait is what I see,where is the leadership