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Vanstar Mining Resources Inc. 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.


TSXV:VSR - Post by User

Vanstar Mining Resources Inc. > Realize what this may mean?
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Comment by Polishprince23on Dec 29, 2022 2:53pm
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Post# 35195758

RE:RE:Realize what this may mean?

RE:RE:Realize what this may mean?My speculative gut is trying to connect the dots to see if SUP makes a run at VSR:

1. MG always looks for deep value
2. VSR is at a 52 week low and has a NSR worth more than the value of the company
3. MG is a strategic advisor and large shareholder of SUP
4. Victor Cantore is on the board of VSR.  When SUP acquired Royal Fox 2 months ago, Victor became a Board member of SUP ( I am sure with MG blessing)

Hmmm... Very interesting
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