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Heliostar Metals Ltd V.HSTR

Alternate Symbol(s):  HSTXF

Heliostar Metals Ltd. is a Canada-based junior mining company. The Company has a portfolio of high-grade gold projects in Mexico and Alaska. The Company is focused on developing the 100% owned Ana Paula Project in Guerrero, Mexico. Ana Paula gold mine is located in the Guerrero Gold Belt of southwestern Mexico, which is located approximately 15 kilometers (km) from Torex Gold’s El-Limon mine. The San Antonio project is located in the southern peninsula of the Baja California Sur state of Mexico, approximately 45 km southeast of the city of La Paz and 160 km north of Cabo San Lucas. The land package is over 46,328 hectares. The Unga gold-silver project covers 250 square kilometers of neighboring Unga and Popof Islands, near the Alaska Peninsula and approximately 900 km southwest of Anchorage, Alaska. It also has the option to acquire a 100% interest in three properties in the northern portion of Mexico's Sonora state: Oso Negro project, La Lola project and Cumaro project.


TSXV:HSTR - Post by User

Comment by gemcutteron Sep 30, 2021 6:56am
71 Views
Post# 33942296

RE:Another thought

RE:Another thought Funk did say in either the Crux interview or the open meeting with live questions just before Crux's interview with Charles, that he was aiming for a step by step investment to obtain the 12-15 million $$$ for the next drillings. So looks like could be 2-3 warrant offerings in the 5-6 million number similar to what Heliostar got from the last offering. (I would imagine with similar timelines for expiration and similar dollar numbers between $1.70-$2.00.) Just mentioned this as this softens the dilution hit, IMHO, as long as the drillings keep expanding the resources--if this is how it goes for the next 6 months to a year. But gzzzzzzzz Unga, Deep, Dude and Kojack, this is great timing and valuable news as Deep is stating. Hopefully will get the share price lows to be much higher.

All the best folks!
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