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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

Comment by gemcutteron Sep 30, 2021 6:56am
84 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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