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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

Post by edmedon Apr 01, 2023 12:12pm
252 Views
Post# 35373668

SUP and VSR

SUP and VSRhttps://petergrandich.com/2023/03/31/northern-superior-resources-the-hunter-or-the-hunted/

I have atttached a link to the latest PG broadcast of his recent discussions with Michael Gentile who sits on the board of Norther Superior.  

I presently own shares in VSR and SUP as I agree the his view that they presently represent about a 10 million ounce project when amalgamated.  This is a low estimate since future drilling will only increase both deposits.

The only issue for us is present share price.

It is only a matter of time before both companies get gobbled up by a senior mining company, or SUP makes us an offer we can't refuse.

Happy to just sit on my VSR shares for now and hope for sunny days ahead

glta
edmed
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