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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 RazorRamone777on Aug 18, 2020 11:43am
123 Views
Post# 31422968

RE:RE:Our S\P will be held down by IMG...

RE:RE:Our S\P will be held down by IMG...Q-What does any company go by when buying out a Jr.? Answer 43-101. When you see that this round of drilling doesn't expand the resource to depth or to the west, you will realize what I am saying. PG does NOT dictate IMG's drilling program. I'm sure he will have influnence but like I said, there are people here that would be happy with a $3:00 buy out, which they will probably get, when an honest (winter) drill program could prove up 4 X that. Are you here for chump change or for mega bucks?
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