etfsandstuff

VSR

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TSXV:VSR   None
Vanstar is sitting on a discovery of 5 moz of gold in Quebec . The project is being developed by Iamgold with Vanstar holding 25% . The stock has come down a whole lot where i consider it cheap at current gold prices . If gold goes up in price it should have a direct impact on the stock price . This is called skewing the odds in your favor . This doesn't even account for the potential of new discoveries as they are actively drilling both Nelligan and their 5 other projects . This is one of the most significant gold discoveries in Quebec and it is well known that those geologists who make big discoveries often go on to make more . This one seems like a no brainer at current prices . Technically there are some hurdles but im willing to wait it out . The accumulation channel looks bullish as well .
https://vanstarmining.com/projects/nelligan-project/
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