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Heliostar Metals Ltd V.HSTR

Alternate Symbol(s):  HSTXF

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 Project is an advanced stage gold development project located in Baja California Sur State, Mexico. Its Cerro Del Gallo Project is a gold-silver development project in the State of Guanajuato. The property comprises 14 titled concessions covering 15,276 hectares (ha), and surface rights to land totaling 445 ha. It owns 100% or has the option to acquire a 100% interest in three properties in the northern portion of Mexico's Sonora state: the Oso Negro project, the La Lola project, and the Cumaro project. The Company also operates the San Agustin mine, El Castillo mine, and La Colorada mine.


TSXV:HSTR - Post by User

Bullboard Posts
Comment by Redstarfolloweron Nov 17, 2020 7:05pm
139 Views
Post# 31919327

RE:RE:RE:RE:Kojak, Charles Funk has been aggressive.

RE:RE:RE:RE:Kojak, Charles Funk has been aggressive.We all waiting to see a jump in SP. I would say some of what you expressed is what many of us have thought about. 

Looking at the behavior of some buyers and sellers, I wonder if those that own huge amounts of Heliostar are selling small 100 share blocks to low bidders to bring the price down so they can lure uneasy share holders to sell their stock at a lower price.

I noticed a couple of 15,000 bids, of one or more potential buyers willing to purchase RGCTF $0.01 above the closing price. 

I don't think they are amateurs willing to drop $27,000 (US) into a stock like RGCTF for "sport" but rather increase their stake at a discount for much higher returns.

I think the 15:1 dilution slowed daily amount of shares being traded and caused a sell off which lowered the price of shares, to what amounts to $0.079 (CA) and $0.06 (US) a share pre-dilution. Before dilution occurred I think the price was above $0.095 (CA) a share. 




Bullboard Posts