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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 edmedon Dec 30, 2022 10:29am
117 Views
Post# 35196882

RE:Vsr bod

RE:Vsr bodPerhpaps that explains why even at these priced no one on the board is buying.

Have seen this time and time again in junior golds unfortunately.

Back room deals and Board being compensated without having to have any skin in the game.

In the end shareholders will have to vote.

We may be offered shares in SUP for any takeover offer.

All this is conjecture but I don't really like the fact that we are sitting at a ridiculously low price with what i think is a wolf knocking at our door this year

edmed
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