In this KE Report company update - recorded live from the floor of the New Orleans Investment Conference - I speak with Stephen Soock, VP of Investor Relations and Development at Heliostar Metals (TSX.V:HSTR - OTCQX:HSTXF - FSE:RG1). A former mining analyst turned executive, Stephen shares his perspective on valuing and growing a junior producer now generating cash flow.
Key Discussion Highlights:
- Career Shift: From mining engineer and Bay Street analyst to VP at Heliostar.
- Company Transition: Now producing in Mexico and advancing the Ana Paula Gold Project toward ~100k oz/year by 2028.
- Valuation View: Sees Heliostar as an organically funded developer, using cash flow to de-risk growth.
- NAV & Gold Prices: Balancing realistic discount rates with conservative long-term pricing.
- Mexico Operations: Positive experience under the current administration with continued permitting progress.
- Growth Plans: Targeting 500k oz/year by decade’s end through internal growth and selective acquisitions.
- M&A Landscape: Industry consolidation creating space for new mid-tier producers like Heliostar.
Please email me at Fleck@kereport.com with any follow up questions for Charles.
Click here to visit the Heliostar Metals website to learn more about the Company
--------------
For more market commentary & interview summaries, subscribe to our Substacks:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
