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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

Post by unclebobbyon Jan 05, 2024 5:29am
269 Views
Post# 35811944

VSR

VSR Just because  IMG  wants to take out vsr on a 5 day trading  average  of 5to1 doesn't  equate to value of assets vsr has . This is not a good deal imo, stock price has been hammered down  and they (img) want to cheat you out of the reason you invested in the company. As well investors know where the price of gold is going .
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