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. > way out

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Post by garland on Nov 23, 2021 3:58pm

way out

Do some G D joint venture M&A projects and develop our own story !!! there are several excellent opportunities out there especially in this sh-- market!!

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Comment by unclebobby on Nov 23, 2021 4:53pm

I feel your frustration, it has been deliberately kept range bound, drill results should change this just wrap my mind around the endless supply of cheap shares. I'm in this play until 2025 and will review this stock

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Comment by SPACEDOC on Nov 23, 2021 5:19pm

The only problem with this approach is although we have some, we don't have oodles of money, Garland. Also there is no guarentees in and M & A. To dilute now to do some M & A would be a real crapshoot I believe, Can IAG slow play us into bad choices????

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Comment by marketsense on Nov 23, 2021 9:43pm

All good points. VSR has hitched its wagon to IMG for better or worse. Its beyond frustrating, however I still think the payoff will be worth it in the end. Imagine the day when IMG is left with no option but to make an offer. Could have a 10M oz deposit that they want to put into production and they simply can't allow this dog to cling on their back any ...more

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Vanstar Mining Resources Inc.