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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

Comment by marketsenseon Jun 09, 2022 2:47pm
136 Views
Post# 34744719

RE:RE:re lowest average

RE:RE:re lowest averageI wouldn't exactly use that term.  My question is with that kind of skin in the game
and probably more of an insight that the rest of us,  what made you hang on to your
shares during the heady days when VSR was trading around $1.50 and the rumour 
about a buyout by IMG was being floated daily?  

That said,  obviously Garland has a vested interest in seeing VSR succeed although
through his decsion to not sell,  his payday has been delayed  for a while to put it politely.  I'm not surprised by the size nor the price,  only that he did not take the 
opportunity to sell when he had the chance.   I'm sure there is a story there to be
told at some point.
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