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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 SPACEDOCon Jan 14, 2024 8:01pm
120 Views
Post# 35826275

RE:Rip off

RE:Rip offI totally agree   with you but several points
1). If no suitor emerges then holding IAG is not the worst scenario as gold rises it can go much higher and our .2 per  share will go up also
2).If a suitor emerges great and we go to the game with the highest bidder all of which will probably appreciate in the presnt POG environment.

The worst scenario is  to reject the bid and the stock will drop lback to $.30 US like a rock and be in limbo for some time
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