Bullboard - Stock Discussion Forum Vanstar Mining Resources Inc. V.VSR

Metals & Mining Gold

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. > IMG

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Post by garland on Sep 13, 2021 11:48am

IMG

By the reaction of the stock today - something is up - big volume ,big constant bids etc. I would bet on someone losing patience and may be starting the PROCESS ( and it is not because of the price of gold)

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Comment by Spacedoc6852 on Sep 13, 2021 12:23pm

Yes I saw that garland. Up 11 %. Perhaps a buyout and add in VSR to the pot.

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Comment by marketsense on Sep 13, 2021 1:30pm

Very interesting. Just as everyone is totally fed up with IMG and mgmt, buyers suddenly show up in volume. Obviously what retail folks have been saying about this cash rich, property loaded stumbler of a gold company for a while has resonated with someone out there with big pockets. Could another major be buying or a hedge fund taking a position? I ...more

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Vanstar Mining Resources Inc.