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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 RazorRamone777on Oct 23, 2020 11:34am
101 Views
Post# 31770912

RE:RE:Traction

RE:RE:TractionWhy the selling?
#1-IMG slow playing the Nelligan
#2- outdated 43-101, IMG in no hurry to revise
#3- VSR management in no rush to drill the Felix, waiting for freezeup, then wait for drilling, then wait for assays.
#4- Even if SUP has stellar results at our western boundry, at this rate it would take IMG decades to prove up the extra 1.5km and get it included as indicated in 43-101
#5- election could cause chaos in the markets.
Good luck to all and may God bless.

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