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Bullboard - Stock Discussion Forum 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... see more

TSXV:VSR - Post Discussion

Vanstar Mining Resources Inc. > A heads up for PG and other SUP investors...
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Post by RazorRamone777 on Sep 18, 2020 11:05am

A heads up for PG and other SUP investors...

Years ago someone (from RR) gave me a heads up on an awesome project in it's infancy. It was all about the 100% owned (by SUP) TPK properties in Ontario. It was all looking really good up until the Ontario Liberals (Canada's democrats) appointed Michael Gravelle, MPP of Mines & Minerals. He with his Liberal colleagues changed the wording in the laws concerning dealing with what they called the First Nations. The biggest change was that the "First Nations" must not only be consulted but added that they must give their consent to any projects. This opened the door to Liberal leagalized extortion of mineral exp[loration companies! Now in some locations, the companies are not only expected to hand out millions of shares to the local Chiefs and Band Counciliors but MUST hire many of their relatives in high paying MANAGEMENT positions. Just look at NOT at the Ring of Fire!. They went from a little above $1.00 with, I believe around 100m S/O to $.18 and 400m S/O. (I got out at $.90) Why do you think that SUP hasn't been doing much at the TPK? My point is, if you are investing in SUP because of the Nelligan that's fine, but if you are thinking that if the Nelligan falls through you have the TPK as backup, you might want to re-evaluate.
Comment by SGCGRIMREAPER on Sep 18, 2020 11:29am
Razor - each time you talk you prove how truly uninformed you really are. If you actually did research you would know the deal was restructured when one of Canada's premier portfolio manager retired and instead became a 20% owner of SUP and went on their board. You are truly useless and now are going on ignore because it's not even funny anymore to laugh at your lack of true understandings ...more  
Comment by RazorRamone777 on Sep 18, 2020 11:46am
It's not hard to figure why my rating is OVER double yours! You talk in circles and say nothing just like other "Liberals". Blah, blah, blah...
Comment by wateroperator on Sep 18, 2020 4:20pm
  I CANT SEE RAZORS POSTS BECAUSE I PUT THAT IDIOT ON IGNORE, EVERYONE SHOULD DO THE SAME! CLOSE YOUR ACCOUNT RAZOR, YOU ARE DULL! LOL!
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