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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 02, 2023 11:34am
128 Views
Post# 35199574

RE:Garland

RE:Garland The difference Garland is that IMG was hammered for cost over runs at their build of the cote mine which was purchased in the Trelawny Mining takover years ago.

We are being hammered for other reasons.
Just ask yourself what cost over runs do we have
All expenses being paid for by IMG
What has changed in this company to justify a drop of share price from $1.50 to .30 !!

What has changed is that one major shareholder decided to leave and join up with an adjacent mining company and tank this company purposefully.

The endless supply of shares being sold even at these levels justify what I am saying

SUP will come afer us this year
you can bet the farm on it

imho
edmed
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