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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 EZY1955on May 29, 2023 1:01pm
107 Views
Post# 35468911

RE:Results

RE:ResultsIt's pretty simple. Iamgold is the OPERATOR and they run things thier own way. They will put results out in batches and not one hole at a time.

Take a look around. The entire junior sector is in the ashcan so trying to pin blame on VSR' Management, IR, PR is totally offside.

Several pundits out there totally misled the investment community with their theories of an Iamgold takeover or buyout and what they said was "TOTALLY IMMINENT" . This was 100% inaccurate.  They have been touting this theory for years and investors were misled by their statements.

Instead of dumping on management, you should be going after those who misled a lot of people. 

There is a lot of value in Vanstar and the share price is highly undervalued but we are in a David and Goliath situtation and have to wait for Iamgold to deliver results. 

Sick of people trying to lay blame here.


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