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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 Jan 17, 2022 10:33am
106 Views
Post# 34324157

RE:RE:re selling

RE:RE:re sellingNot surprised vsr holding strong at this price, since it can hardly go any lower unless the company were to go bankrupt.

Was holding Trelawny Mining shares in 2012 when IMG bought us out at a 50% premium offer ie
price was aroung $2.50 and bought out at $3.50. IMG is now building the cote mine there.

No doubt we will be bought out as well

Issue is the share price stuck here at 40 cents
this needs to get back up to a respectable .80-.90 prior to any offer by IMG or this thing just isn't worth holding.

hopefully Garland is right and the next drilling results gets things going for us.

GLTA
edmed
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