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Vanstar Mining Resources Inc. VMNGF


Primary Symbol: 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 Bousquet-Odyno property. The project is 6km from IAMGOLD’S Westwood mine.


TSXV:VSR - Post by User

Comment by thisisriskystufon Aug 10, 2021 7:29pm
171 Views
Post# 33682728

RE:RE:Kaiser research

RE:RE:Kaiser researchWe all know this stock is worth $2 or more but The downside risk is that the destiny of Nelligan is completely under the control of IMG, which for reasons unrelated to Vanstar may not aggressively advance Nelligan. Some how Vanstar Managment  needs to step up for it's share holders. JMHO GREAT REPORT
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