Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 garlandon Dec 04, 2020 8:54pm
217 Views
Post# 32042873

listen to me !!!

listen to me !!! There is no conflict here!!! I brought this property to VSR's interest three weeks ago .My position as strategic advisor to VSR is to flag good underdeveloped properties for potential aquisitions or options This was one of them. It just so happens it was already under negotiation. It probably took months to conclude ( it was fallout from the failed Toma gold deal 2 years ago!! I like the deposit!.  I was told about the deal hours after it was announced . It is a very complicated  ( multiple partners which is never easy) 5 year deal and requires a lot of money staged over several years. I am to do substantial due diligence on it as it is a real deposit with lots of upside in our backyard.  Put everything together and you will realize there is NO CONFLICT .Ultimately I hope a deal could evolve including VSR under terms that make sence .I'm currently working on several other potential aquisitions but this one has my attention now.There are several companies we can do deals with - you just want to do the right one and that takes time. We have time and money. Victor is an excellent M&A specialist!!. Give him the respect he deserves! He is working for VSR. I only hope I can recommend the right match FOR VSR.  Have a look at the property -it is a BIG read
<< Previous
Bullboard Posts
Next >>