Heliostar Metals stock gains on Mexican asset buys
Heliostar aims to reach production of more than 500,000 oz. of gold a year by 2030.
Gold and silver took a thumping in late June as overbought speculative positions were unwound and gold’s contraction of 132 tonnes in the net long on COMEX was the largest weekly absolute fall since mid August 2008. On that occasion the price fell by $63 or 8%, compared with late June’s drop of $70 or 5%.
