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Vanstar Mining Resources Inc. VMNGF


Primary Symbol: 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 Sep 14, 2021 1:21pm
182 Views
Post# 33855547

luke 555

luke 555That is the #1 question - how long will IMG lead us along  and not even to try a share swap ( especially when their stock is cheap)  -- begs the question of IMG's strategy with Tomagold - first to buy into 25% of the company and then buy the remainder for peanuts.  With 475 million shares outstanding - what is a few more shares to buy VSR
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