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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. > Gentile is making a run at VSR and Nelligan obvious
View:
Post by SPACEDOC on Jan 17, 2023 3:59pm

Gentile is making a run at VSR and Nelligan obvious

https://www.youtube.com/watch?v=ZxRg5Qrmw6Q

Getting interesting and I believe that's why SP is being held down
Northern Superior Resources CEO Simon Marcotte and Director Michael Gentile joined Steve Darling from Proactive to share news the company has released the first drill results from the Falcon Zone on the Lac Surprise property in Quebec. Those results along with the 6 remaining drill holes are expected to be used on a maiden resource calculation in 2023. The company has also put out the last assays from the Arctic Fox Zone at the Philibert gold property in Quebec. The results were positive like hole DDH PB-22-360 returned 5.96 g/t gold over 10.0 metres 180.0 to 190.0 metres, including 11.2 g/t Au from 181.5 to 182.0 metres. Northern Superior also shared that IAMGOLD has released an updated resource estimate on the Nelligan Project going from 3.2 million ounces to 5.2 million ounces of Gold
Comment by Ballsmeep on Jan 17, 2023 4:31pm
Could be. But I really liked the call yesterday. JC handled it very well and made me comfortable to add more down here. Iamgold likes the project and Cote getting squared away. On to the next. sup may be a target for Iamgold as it would add value to nelligan
Comment by Ballsmeep on Jan 17, 2023 4:32pm
Could be. But I really liked the call yesterday. JC handled it very well and made me comfortable to add more down here. Iamgold likes the project and Cote getting squared away. On to the next. sup may be a target for Iamgold as it would add value to nelligan
Comment by edmed on Jan 18, 2023 1:35pm
Would prefer it if SUP was taken out by IMG  rather than Gentile taking us out at these basement prices Have been saying now for months that price being held down for a takout  shareholders are going to have to unite to protect our interests here if IMG or someone else does not take out SUP we are going to need strong managment to stand for shareholders here and that is hard to ...more  
Comment by EZY1955 on Jan 18, 2023 3:13pm
Only going to happen if you sell into an offer and it takes 51%.
Comment by willyk3 on Jan 18, 2023 4:07pm
Seems to me that your suggestion makes the most sense. If IMG is serios about  the nelligan why wouldnt they chase the falcon deposit and SUPs  property bordering their own. After all Sup is making it easy with their proposed spinout of TPK.
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