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Heliostar Metals Ltd HSTXF


Primary Symbol: V.HSTR

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 StockpickerNYCon Jun 02, 2022 11:54am
85 Views
Post# 34726711

RE:HSTR is sitting at $0.01 to $0.02 Pre-Reverse Split/PP's

RE:HSTR is sitting at $0.01 to $0.02 Pre-Reverse Split/PP'sAs I have said before, Ireland is one of the smart guys in this business.  The question is what is his next move.

According to one of his investors, he has made so much from his fund that he elected to close it down rather than become subject to lots of SEC secrutiny.  He apparently sold off everything except Lithium Americas, Amerigo and Heliostar, all of which he distributed to himself and his investors. 

From the looks of it, Ireland distributed the Heliostar at around 50 cents canadian.  He probably knew that a certain amount of the stock would flow into the market.  and so, he is sitting back, gradually soaking up the puked out stock  Very clever.

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