Matthew, after you hear Jay Taylor’ s EQX interview I hope you will check out the HSTXF interview on rocksandstocksnews on YouTube 3 days ago, not to be confused with the one 3 months ago. Heliostar is a completely changed company since last November so throw out any charts before that.
This company could grow from 70000 oz of gold this year to 180000 in 2028 and then on to 500000 oz of gold in 5 years. And Charles Funk is such a good explorer that there’s no telling what he might find. He helped VSLA find its huge silver deposit. I’d like to hear what you think about EQX and HSTXF after hearing these 2 interviews. I just bought more HSTXF@ .869

That’s an exciting outlook Bonzo. I figured something good was happening considering that 8x advance since early last year.
You can tell I was looking at the Canadian listing when I said I’d be interested at about $1.00 (it’s currently $1.21 Cdn). Oops.

Matthew, here are the correct production estimates for HSTXF:
30 to 40K oz gold in 2025; 50 to 70K in ’26; 150 to 200K in ’28; and 500K in 2030
They hope to do this from cash flow without selling more shares.
If gold goes to 5K in 2028 this could be a 20-bagger in 3 years.
No wonder Adrian Day and Eric Sprott own over 25% of Heliostar.
if it goes down to 1.00 C I will sell more NEM and buy more Heliostar.

Bonzo, the timing is perfect for such a company.

Bonzo, I have to say that if you don’t care much about the short term risks and are confident about the company delivering on those long term objectives, you might consider buying as you see fit rather than waiting for the pullback that I’d like to see. In bull markets, surprises are to the upside. That means that moves up extend to unexpected levels but it also means that pullbacks often fail to reach even modest retracement levels.

Bonzo we’ve been having Chales from Heliostar on the KE Report for years and Cory just interviewed him last week so folks here would stay informed.

I agree that the company is set up to keep rocking, with most of the old Argonaut assets under their portfolio and they just got their permits for San Augustin which is big. They’re still undervalued for the sum of their assets.

Excelsior, I heard Charles on the KE report a week ago and added to my position. Then added more HSTXF on Friday and Monday. I can’t control myself.

Haha! That’s understandable, Heliostar is in solid growth mode, and I’ve been following their 2 operating mines (La Colorada and San Augustin) for a long time when they were in Argonaut and just knew there was more upside in them, but they were neglected when so much money from Argonaut needed to keep being dumped into their Magino build that went way over budget and timelines, and also the optimization of their Florida Canyon operations (which they finally did achieve, but a day late and a dolla short)…. now that prize is in the Integra stable of projects. The point being that Charles and team have done an excellent job of showing there is more upside at both projects, and through more drilling, I believe they’ll squeeze more mine life out of both mines.

There also the very underappreciated value still to surface in the market cap of Heliostar just from their Ana Paula Project (which is a beast of a development project with that really high-grade panel that will make the mine plan quite robust). Ana Paula could more than underpin their current valuation at present, even if they didn’t have the 2 producing mines or any other project, but the market is only just now waking up to the potential there to grow future production.

Then there is Cerro del Gallo that Argonaut stole off of Primero, and now Heliostar stole that from Argonaut. It is getting $0 value at present, but is definitely worth something, and I’d like to see them update the resources and economics on that asset at somewhere more in touch with today’s metals prices. Same thing with San Antonio (which I see a potential upside surprise shocker to the market if they get back onto that project and show the potential there). Again, they aren’t getting value for either of those and both are solid exploration/development projects.

Then there is Unga up in Alaska, which was the initial asset that underpinned the market cap of the company before they made all these acquisitions. All that gold they explored for and found is still up there, and I’d think that would be a good project to option off to another company to have someone else advance it as their hands are full of projects at present. At least that would unlock some more value there for Heliostar shareholders.

I’ve been working on an article on permitting in Mexico that I aim to finish up tonight on my Substack channel, and it was Heliostar getting that open-pit expansion permit that really was another key domino falling into place to ease up some of the way exaggerated risks and fears about the Mexican permitting landscape. There have been about 50 permits and permit addendums already granted this year, so they are very much open for business on existing projects. Lots of other stocks popped in sympathy when Avino initially got one of the first permits, and then more recently when Heliostar did. We’ll see more of that over the next 12 months in Mexican stocks.