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Vanstar has a 25% (IAMGOLD 75%) free carried interest in the Nelligan Project in Quebec. It is one of the largest exploration projects in the province with a resource of 5.6 million ounces of gold, currently being drilled for expansion.





 

Bullboard - Investor 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

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Post by Talhasee on Dec 11, 2023 11:50pm

vmngf/vsr

I am one of the investors in the company south of the border and up until now, all I have done is read these Bullboards.
With this latest press release, I felt a need to post on Stockhouse.  I truly hope that all you fellow shareholders vote against this pending deal between IMG and VSR.   I for one, have been waiting since PG promoted this stock, a few years back, and saw the value in this Company, however this deal does not bode well for VSR shareholders, A realstic value of a $1.50 Cdn/share (modest value),requires  IMG to trade at $7.50/share, and how long will it take IMG to get to that price? Let's go back to the negotiating table! I am going to be conducting my own evaluation on  this asset and will post later, if parties are interested.
Comment by SPACEDOC on Dec 12, 2023 8:09am
you are so right! WE all should vote no. I control between my holdings and family about 1 million shares average at .60 US and want to at least double that
Comment by Polishprince23 on Dec 12, 2023 8:27am
I will be voting NO,  547,000 shares
Comment by unclebobby on Dec 12, 2023 8:38am
I will vote no and also have over 500,000  at a higher price, they have the gold and  price will rise. Tge west is bankrupt  fear globalists 
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Investment Opportunity

INVESTMENT OPPORTUNITY

  • Free carried interest through to production on the Nelligan project means no capital required
  • Advanced exploration project with a 5.6 million ounce resource and growing
  • IAMGOLD commenced 10,000m drill program on the Nelligan project to grow resource
  • Trading at <US$12/oz in the ground
  • Well capitalized and financed

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Vanstar Mining Resources Inc.

410 rue Saint-Nicolas, Suite 236
Montréal (Québec)
Canada, H2Y 2P5

+1 514-312-4713
info@vanstarmining.com