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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 marketsenseon Dec 05, 2023 12:02pm
168 Views
Post# 35769217

RE:How

RE:HowI voted No a few years ago by selling my shares.  The fiasco over PG and the board
of directors and how IMG was going to stall until they were ready to tender a low
ball offer was more than enough for me.   The whole plan right from the beginning 
was to try and smother and suffocate VSR shareholders into submission.  The carrot
was VSR didn't have to pay for any drilling but it was a deal made in H ell in my
opinion.  Did anyone really think they would get full value for VSR's Nelligan assets?

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