Post by
kojack1 on Oct 11, 2021 10:40am
Dilution
So now we're at what 53 million shares when fully diluted soon, unfortunately I think the money raised, management will burn through in no time at all, between drilling which is good and wages 4 million is not that much, I think another trip to the well inJanuary. Hopefully Sprott doesn't sell his shares at a capital loss in December to write off against some of his gains in some companies that have made a killing in the last year. So far not many shares really trading but there have been some big sells but not in the 100 thousands yet. Just my personal thoughts, seems like management is trying to burn candles at both ends which never works out for the small shareholders, hopefully I'm wrong.
Comment by
kojack1 on Oct 11, 2021 4:00pm
I must be missing something, someone said Sprott was involved with HSTR but I can't find anything on Sprott, Geologic a hedge fund was involved but long gone.
Comment by
gemcutter on Oct 11, 2021 5:53pm
Page 5 of Corporate Structure of the Corporate Presentation. https://uploads-ssl.webflow.com/60953869f570353f68d5ff0d/61536b5fbe421ccc00a7dbd4_20210928_Heliostar%20Corporate%20Presentation-Website.pdf