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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

View:
Post by unclebobby on Jan 14, 2024 4:45pm

Rip off

Doesn't make any difference no matter which way u look at it shareholders get ripped off, GOLD   IS  finally  ready for big moves the west is bankrupt  the east buying tons of gold and now Central banks.
Comment by SPACEDOC on Jan 14, 2024 8:01pm
I totally agree   with you but several points 1). If no suitor emerges then holding IAG is not the worst scenario as gold rises it can go much higher and our .2 per  share will go up also 2).If a suitor emerges great and we go to the game with the highest bidder all of which will probably appreciate in the presnt POG environment. The worst scenario is  to reject the bid and ...more  
Comment by willyk3 on Jan 15, 2024 7:28am
There is hope yet....Orford is getting taken out this morning at a 134 per cent premium.
Comment by unclebobby on Jan 15, 2024 7:59am
Like I said rip off
Comment by unclebobby on Jan 16, 2024 9:08pm
I don't  really  see an other offer as IMG would make it difficult for other offers,  they would make it impossible for competitors  jmho, 
Comment by Polishprince23 on Jan 15, 2024 8:26am
IAG needs Nelligan just as bad if not more then we need a better price for our shares.  Voting NO
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