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. > Voting No

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Post by rjad1 on Dec 12, 2023 9:38am

Voting No

I will vote NO. I presently have over 1 100 000 000 shares. I am a long term investor. I don't make billboard post. But I feel it's important to get it out there. This deal is not fair for us shareholders. IMG is not paying anything near our potential value.We are being played. Gold is only going up in value. We need to be patient. The gold in the ground is going nowhere. But everyone knows it's there. If IMG does not want to develop it. Someone else will. All the hard work has been done. Discovery, Drilling, established that there is substantial amounts of gold. The area is extremely favorable to mining. This mine will be developed and put in production. And the value will be unlocked.

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Comment by unclebobby on Dec 12, 2023 9:45am

Sorry but the float doesn't have 100 million, type error I suppose, looks like it will be a NO vote ,they have to sharpen their realistic pencil. Maybe get others interested on looking at VSR as having the goods. Imo

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