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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 willyk3on Jul 21, 2022 7:16am
178 Views
Post# 34839608

RE:RE:I need an explanation

RE:RE:I need an explanationNothing strange about Gentille being on the board of Sup...after all he is a major shareholder and it was his injection of capital that resurected the company. 
Everything else you said makes a lot of sense...especially PG 's strange manoevres and the perplexing trading of VSR stock.
In the end tho...IMG controls VSR's stake in the nelligan....how much extends into SUP property still remains to be proven.  Whatever is going on involves IMG...
Junior players in Canada are ripe for manipulation...but I would never refuse to consider that the big players dont play the exact same game.
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