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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

Post by Ungawatcheron Jun 18, 2022 6:22pm
210 Views
Post# 34767031

Mr. Ireland isn't sitting around

Mr. Ireland isn't sitting aroundDeep and Kojak,

Mr. Ireland is wealthy and with him recently purchasing more HSTR has given him a little more leverage. As you say he buy more and position himself as the largest HSTR shareholder and make himself a quick buck "if/when" HSTR decides they have to JV, realizing Unga is too big to do it on their own.

There are a couple of Conferences this month that Heliostar is represented. Last week they were in Toronto and currently they are in Montreal and I'm sure Ireland is paying attention of Charles as he neogotiates with investors.

In the HSTR Twitter feed, I noticed a very large Newmont banner hanging on the walls in Toronto.

There is a lot going on this summer with overbought stocks and crypto going through much needed major haircuts. Meaning there is an awful lot of rotation of money.

The price of gold has held it's own, in spite of the U.S. Federal Reserve commitment to finally tackle the extreme inflationary mess they have put on the U.S. and global markets. 

I personally think Heliostar will have to relinquish more control than they want in order to develop Unga and Mexico.

Newmont is having a great year and hungry for tax write-offs and spending some of their profits to purchase the rights of Unga would be a fruitful move on their part.  
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