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Vanstar Mining Resources Inc. VMNGF


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


TSXV:VSR - Post by User

Vanstar Mining Resources Inc.
Bullboard Posts
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(17)
•••
Post by garlandon Jul 29, 2020 4:34pm
125 Views
Post# 31339820

diajohn

diajohnthe NSR is far to valuable to IMG when it comes to negotiations. Your idea of a spinout is the most plausible idea. Move out the other properties, the flow thru money to begin work on them and give VSR shareholders 1 -3 or 4 or 5 for one of nuco and Guy can run the show - totally painless and everyone benefits . Whats wrong with that? It is a start.

cheers
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities