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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 willyk3on Dec 03, 2023 6:43pm
81 Views
Post# 35766182

RE:Gold up $30+ US

RE:Gold up $30+ USAt this point it seems like nothing will....until IMG or another major makes a move.  I liked JC's comment that the stock could be approached as a lmost like a royalty play.
On the subject of JC..he strikes me as a great steward of the assets..he certainly has the shareholders best interests at heart especially regarding dilution.  On the other hand he lacks that salesmans touch to inspire great faith in the assets nor does he seem to want to move the needle much.
We are sidesaddle riders on the nelligan and at Amanda and nothing much seems to happen at Bousquet
Still tho..a great junior asset in my books
GLTA
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