Vanstar Mining Resources Inc. VMNGF

Primary Symbol: V.VSR

Metals & Mining Gold

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.

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Vanstar Mining Resources Inc. > re re nsr value

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Post by garlandon Sep 07, 2021 4:22pm

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Post# 33820146

re re nsr value

Check page 9 of 13 on the Kaiser VSR report . I have clearly UNDERSTATED the value / share ! Remember , VSR has a 1.5% nsr on the entire property, not just 1.0% on the high grade portion of the pit shell. This all has to be considered when a takeover offer is on the table

Anyway you want to look at it --- this stock is being given away and eventually IMG will react accordingly

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