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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

Comment by edmedon Sep 24, 2020 9:51am
209 Views
Post# 31610618

RE:RE:re re just a reminder

RE:RE:re re just a reminder also 2million stock options were just granted to insider board members as compensation for their work at Vanstar at a price of $1.36

options are usually priced to make board members money not lose money

the board is expecting at least a double from here I imagine as compensation

present day price is quite low.........

glta
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