Vanstar has a 25% (IAMGOLD 75%) free carried interest in the Nelligan Project in Quebec. It is one of the largest exploration projects in the province with a resource of 5.6 million ounces of gold, currently being drilled for expansion.

Bullboard - Investor 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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Comment by Diajohn19on Jan 03, 2024 1:04pm

RE:RE:Time

Oups.....February 6... ;-)

Discussion

Comment by Diajohn19on Jan 03, 2024 1:03pm

RE:Time

Special meeting - February 2

Discussion

Post by unclebobbyon Jan 03, 2024 9:33am

Time

What is the time frame to happen voting ,release results and move on or take over.I'm sure they want it done asap before gold takes off or tanks. Thinking March. And idea ...more

111

Discussion

Comment by willyk3on Jan 01, 2024 12:27pm

RE:RE:RE:RE:RE:VSR

I dont think anyone would say no to a higher offer. Times a wasting . Bring em on..

Discussion

Comment by SPACEDOCon Jan 01, 2024 11:43am

RE:RE:RE:RE:VSR

I'd rather get $1.00 US from another company and have the option to buy IAG and than I effectively have a $4,00 stock instead of $2.00

Discussion

Comment by calyyc01on Dec 31, 2023 12:50pm

RE:RE:RE:VSR

This is not a cash buy out, once you receive IMG shares, you will still get the advantage of the upmove. When IMG stock price hits $10.00 VSR will be equivalent to $2.00. I expect IMG to ...more

138

Discussion

Comment by unclebobbyon Dec 26, 2023 6:05pm

RE:RE:VSR

Willing to wait, don't like being robbed . Got in at a higher price

Discussion

Comment by SPACEDOCon Dec 25, 2023 1:21pm

RE:VSR

I also am in your camp .However be prepared fpr the stock to tank if the vote defeats the merger/buyout. WE need another bid before the vote

Discussion

Post by edmedon Dec 25, 2023 9:49am

Seasons Greetings !

Just want to wish everyone on this board a Merry Christmas. Health and Prosperity in the year to come. Have been here a long time and can't help but feel that it is now our turn! Good things ...more

160

Post by unclebobbyon Dec 23, 2023 3:55pm

VSR

Still haven't recieved anything from vsr on voting, my response is a big NO as Gold will go ballistic. Things are coming due and they don't have the money, they will be ...more

181

Discussion

Comment by SPACEDOCon Dec 21, 2023 4:38pm

RE:Imo

If that's the case after it closes it should go up based on them repurchasing

Discussion

Post by unclebobbyon Dec 21, 2023 11:42am

Imo

Imo I think IMG hasbeen keeping the price in check by selling cheap shares to justify their low ball bid, selling for some time cheap shares

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Discussion

Comment by willyk3on Dec 21, 2023 10:41am

RE:RE:Couple of thoughts

BTW those big puchases by JD Moore around six months ago are looking pretty astute. Another thing ...does anyone else find the new revamped SEDAR site mind boggingly cobfusing?

Discussion

Comment by unclebobbyon Dec 21, 2023 10:25am

RE:Couple of thoughts

They will give ac50/50 0 2 of a share and .69 payment on the other half

Discussion

Post by willyk3on Dec 21, 2023 9:40am

Couple of thoughts

There is no 69 cent offer. It is for .2008 of an IMG share. Thus , for the time being ,unless a better offer comes, we are inexorably tied to the price of an IMG share Its a lowball offer ...more

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Discussion

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NELLIGAN PROJECT BOUSQUET-ODYNO PROJECT AMANDA PROJECT FELIX PROJECT FRIDA PROJECT EVA PROJECT MANAGEMENT FINANCIALS PRESENTATIONS CONTACT

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Free carried interest through to production on the Nelligan project means no capital required
Advanced exploration project with a 5.6 million ounce resource and growing
IAMGOLD commenced 10,000m drill program on the Nelligan project to grow resource
Trading at <US$12/oz in the ground
Well capitalized and financed

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