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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 marketsenseon Jul 29, 2020 3:38pm
105 Views
Post# 31339337

RE:RE:Garland please your thoughts

RE:RE:Garland please your thoughtsTo a great extent I agree except mgmt of VSR should be demanding to see those assays and
should not accept any more excuses for delays.

Is there any leverage that can be used on behalf of VSR?  Yes,  if they can shop around for
some potential buyers and let it be known to IMG.  Playing nice with IMG is not going to do
anything for shareholders,  that's seems pretty clear.  The more VSR takes a conciliatory tone,
and co-operates,  the more IMG stalls and is in control

My humble thoughts 

MS






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