Heliostar Metals Ltd HSTXF

Torex + Heliostar

[deepthinker63]

This makes perfect sense.  Maybe Ana Paula is sold to Torex, and then Torex takes a stake in Heliostar, which is essentially Unga.

[Ungawatcher]

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[deepthinker63]

Right now, Unga is just sitting there idle.  No point even owning it.

[Ungawatcher]

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[deepthinker63]

Not 10 years.  Eight years.  It's over in 3 years.  That's why they're moving so fast on Ana Paula.  They have ti prove it up, sell it, and flash the cash to the Aleut Corp so they extend the exploration and mining agreements. I have no idea what Ana Paula deal is coming, but it's coming soon, maybe before the end of this year. 

[deepthinker63]

They might have a handshake agreement with Torex: if you show an UG mine with X high grade ounces, we'll buy it for $Y, assuming you get the UG permit.   The NPV for Torex is likely to be higher because they have myriad ways to cut costs given their proximity.  They might even truck 1000 tons a day, which is about 70 trips.  Given it's only 25 miles round trip, each truck

[Ungawatcher]

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