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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. > perspective
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Comment by Ballsmeepon Jan 23, 2023 7:51pm
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Post# 35241136

RE:RE:RE:RE:perspective

RE:RE:RE:RE:perspectiveI agree with that premium and it's terrifying. I don't think enough shares have been gathered in this low range for some crazy low offer to go through. Also I don't think Iamgold would allow a lowball by someone else without triggering a bidding war. long term vsr 20% and nsr is very valuable when Nelly is put into production.
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