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Bullboard - Stock Discussion Forum Heliostar Metals Ltd HSTXF

Primary Symbol: V.HSTR

Metals & Mining Gold

Heliostar Metals Ltd. is a Canada-based mid-tier gold producer. The Company is engaged in the acquisition, exploration, and development of mineral properties in North America. The Company is focused on developing the 100% owned Ana Paula Project in Guerrero, Mexico. The Ana Paula Gold Project is an advanced-stage, gold development project located in Guerrero State, Mexico. Its San Antonio Gold... see more

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Comment by geolithon Jul 20, 2023 5:35pm

RE:RE:RE:RE:RE:Heliostar Intersects 242m Grading 9.06 g/t Gold

Try to imagine a piece of plywood, maybe 1/2 inch thick that someone burried underground with a bit sticking out of the ground. Say that is in an east-west plane, inclined to the south at say 80 ...more

Discussion

Comment by kojack1on Jul 20, 2023 12:25pm

RE:RE:RE:RE:RE:RE:RE:RE:Decline

Who flushed the toilet?

Discussion

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Comment by deepthinker63on Jul 20, 2023 11:20am

RE:RE:RE:RE:RE:RE:Decline

I think the problem is they didn't have the money to test UG properly, by building the decline and then drilling from there. So, the strategy seems to be to add whatever they can via infill, ...more

Discussion

Comment by deepthinker63on Jul 20, 2023 11:16am

RE:RE:RE:RE:RE:Decline

If they fail to boost UG resources to near 1 million oz, which I'm not sure they're doing ATM, then they may have to proceed to mining themselves. If they announce plans to continue the ...more

Discussion

Comment by deepthinker63on Jul 19, 2023 4:04pm

RE:RE:RE:RE:Decline

In order to flip it for that, they'd have to show a million ounces UG, from 260K now. Maybe they're up to 350K now. It's the mostly unexplored skarn at depth which might really ...more

Discussion

Comment by deepthinker63on Jul 19, 2023 3:08pm

RE:RE:Decline

Maybe the results added some, but if they were really serious they would have completed the decline and drilled from underground as Alio was planning. It's pretty clear to me that what they& ...more

Discussion

Comment by deepthinker63on Jul 19, 2023 12:15pm

RE:Decline

I haven't heard a good explanation for why they didn't pursue the Alio plan, which seemed very strong, other than money.

Discussion

Post by deepthinker63on Jul 19, 2023 12:01pm

Decline

The original plan Alio called for the construction of a 1200m decline for the purposes of underground drilling. Is Heliostar saying they can achieve the same result without doing the same work. ...more

147

Discussion

Comment by dude96on Jul 19, 2023 10:59am

RE:RE:RE:RE:RE:Heliostar Intersects 242m Grading 9.06 g/t Gold

I'm not a geo and I don't understand what you are getting at. I have heard people say that the way NFG has drilled is suspect also.

Discussion

Comment by dude96on Jul 19, 2023 10:52am

RE:RE:RE:RE:Heliostar Intersects 242m Grading 9.06 g/t Gold

So the gold they reported they found isn't there because of the angle of the hole?

Discussion

Comment by geolithon Jul 19, 2023 9:23am

RE:RE:RE:Heliostar Intersects 242m Grading 9.06 g/t Gold

But you understand that this the hole is drilled down dip. That means that the widths are basically meaningless. Actual widths might only be 0.01% to 0.1% of the reported numbers.

Discussion

Post by sicnarf2on Jul 19, 2023 8:10am

Probably down today

I'll pick a few up !

Post by deepthinker63on Jul 18, 2023 8:38pm

Paul Hosford

He was the Ana Paula project manager for Alio before they ran out of money. I wonder if they've consulted with him. He was building the decline in order to drill from underground ...more

151

Post by sicnarf2on Jul 18, 2023 4:53pm

A few days trading

And another hole will tell a better story !

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Bullboard - Stock Discussion Forum Heliostar Metals Ltd HSTXF

Primary Symbol: V.HSTR

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Bullboard (TSXV:HSTR)