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Bullboard - Stock Discussion Forum 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... see more

TSXV:HSTR - Post Discussion

Heliostar Metals Ltd > Centennial
View:
Post by deepthinker63 on Jun 24, 2022 11:41am

Centennial

They know there are lots of ounces there.  They are going to look for the source of mineralization.  They've been reluctant because...open pit.  But, we're on plan C here.  I like the strategy.  May also see what they can scavenge from old Apollo mine, which would cost quite a bit but could yield a quicker payoff.  We don't know if there's any hope at Cumaro, but maybe it's on to one of the other two.  They're not giving up.
Comment by Ungawatcher on Jun 24, 2022 4:31pm
Based on a couple of nice holes last year, drilling heavy around Apollo should be a priority. I just don't think Heliostar can do it on it's own without continously doing PP's, but not at $0.25 as it will dilute the share price, well unless they hit pay dirt.  Drilling is expensive and transporting drilling equipment in and out of Unga after each drilling program makes it even ...more  
Comment by deepthinker63 on Jun 24, 2022 5:47pm
I'm sure they evaluated all options fully.  This is more about keeping the news flowing until the market improves.