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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

TSXV:HSTR - Post Discussion

Heliostar Metals Ltd > Argo spinoff
View:
Post by deepthinker63 on Apr 01, 2024 9:22am

Argo spinoff

It's Mexican properties are low grade, high cost, short duration, open pit projects.  It's Mexico exploration project is also open pit, which is not at all popular in Mexico right now.  It's Nevada project is extremely high cost.  

So, this spinoff is kinda crappy.

Comment by Ungawatcher on Apr 01, 2024 12:06pm
This post has been removed in accordance with Community Policy
Comment by deepthinker63 on Apr 01, 2024 12:26pm
The spin-off would really like to get they're hands on Heliostar, I'm sure, but they are proven to be terrible managers.  You simply can't be involved with anything they do.  
Comment by Ungawatcher on Apr 01, 2024 12:41pm
This post has been removed in accordance with Community Policy
Comment by deepthinker63 on Apr 01, 2024 12:53pm
Well, as you rightly point out, Alamos has nothing to do with Heliostar.  It's just the spin-off (I think).
Comment by Ungawatcher on Apr 01, 2024 3:56pm
This post has been removed in accordance with Community Policy
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