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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. > SpaceDoc
View:
Post by unclebobby on Jan 30, 2024 9:35am

SpaceDoc

How's  your simple math, gold up again
Comment by SPACEDOC on Jan 30, 2024 11:28am
My simple math states thats whatever the price of IAG multiply by .2 and you get the actual price of VSR on buyout on this day!!!!!!!!!!!!!! Get it???? Essentially all Gold Stocks big and small are down today. What is the disconnect? I have no idea but intermediate and long term when Cote comes online IAG stands to appreciate IF gold does as many predict.
Comment by Thisisfunstuff on Jan 30, 2024 11:55am
So Iamgold should be giving us .40 times iamgold share price. ???????? $1.30 a share.
Vanstar Mining Resources Inc.
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