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.

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Vanstar Mining Resources Inc. > perspective

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Comment by Ballsmeepon Jan 23, 2023 11:39am

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Post# 35239864

RE:RE:perspective

Common sense would have been to take out Nelligan already but they haven't. Which tells me the price tag is way larger than most think. Iamgold had cost over runs that are mostly solved. I expect Iamgold to dillute on next big run up in it's share price and take out Nelligan

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