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Vanstar Mining Resources Inc. 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

Post by RazorRamone777on Sep 23, 2020 10:46am
206 Views
Post# 31603838

At the risk of sounding negative...

At the risk of sounding negative...a couple things kinda bothered me recently. First the old BoD seemed only too happy to leave, PG said it was them doing some recent selling and said good riddance to them. These former board members know a lot more about the innerworkings and deal making than I do, so I took that as a signal to lighten up my holdings at that time also. I have stated to a couple inboxers that I believed this was a no lose situation, however I also stated that I felt some will be disappointed with how much we actually make. Now PG speaking for himself and other big shareholders again seem disgruntled with management and are threatening to approach IMG on their own to make their own deal. Where does that leave the rest of us? I have based this post on facts, as I see them. I have not attacked or personally insulted anyone. I appreacte any and all rebuttals and opinions no matter how much you disagree with me. I would rather not waste my time with childish, half-wit, insults.
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