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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 SharpShooter601on Sep 16, 2024 1:08pm
134 Views
Post# 36225704

RE:RE:More dilution

RE:RE:More dilution
 Further stock dilution – I don’t believe it! 
I have been successfully investing in junior mining companies since 1985 and I must say that what you need to succeed is to know as much as possible about the company in which you plan to invest. I have several thousand shares in Hliostar Metals Ltd and on paper I am already making a lot of money. Why I don't believe in dilution... 1- Read the latest news from Sep 10, 2024. 2- Hliostar is a jewel in my portfolio: High gold contents on small surfaces but with ores close to the surface and at good thickness - which allows open-air production. 3- The company announces a (very achievable) forecast of 150,000 ounces of gold per year for the first 3 years. 4- The start date of production is still planned for November 2024. 5- On April 1, 2024 the share price is $0.245 at closing and gold is $2251.10 us. On September 15, 2024 the price is $0.385 and for gold $2577.70. at closing - a difference of $326.60 us. 6- As of April 1, 2024 150,000 ounces are worth $337,665,000.00 US gross for sale. as of September 15, 2024, 150,000 ounces are worth US$48,990,000.00 more than on April 1, 2024 without spending a penny more: US$0.24 more net profit per share without spending anything more. With these results – no point diluting the shares: total net profits per share should be more than acceptable! 7- The current share price has risen since the publication of the article. Those who want to 'board the train' there is still time to make substantial profits but they must do it quickly because the price increase will accelerate until the opening of operations in November 2024 and I foresee a price around $1.00 to $1.25 per share and even more by the opening if I have my experience as an investor in rare juniors with such high potential. I plan to increase my positions in this company. shortly. Good investment!


 


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