Bullboard - Stock Discussion Forum Heliostar Metals Ltd V.HSTR

Alternate Symbol(s): HSTXF

Metals & Mining Gold

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... see more

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Heliostar Metals Ltd > My question

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Post by deepthinker63 on Sep 05, 2023 11:20am

My question

Does Heliostar have the expertise to build a mine? I think they'd have to bring in someone who's done it successfully before. Also, how much capital would be required, and could they obtain it. I'm assuming that any bids they get for AP would be if the low ball variety.

If they are forced to build AP themselves, it's Unga which may be on the block.

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Comment by Ungawatcher on Sep 05, 2023 11:52am

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Comment by deepthinker63 on Sep 05, 2023 1:48pm

Clearly, people from Torex would be best qualified. I still think there's some deal to be had with Torex, which might want to get involved with Unga, as well.

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Comment by kojack1 on Sep 05, 2023 1:57pm

Why, they can buy all the shares they want at dirt cheap prices on the open market. How many total shares are there on the OTC, friend of mind said there's over a hundred million so 12.5 million is just a drop. I got a feeling there's some sh*t going on with management, that's why there's no news on why the share price is so depressed. :-(

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Heliostar Metals Ltd