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First Star Resources Inc V.FS



TSXV:FS - Post by User

Post by Chipshot2on Sep 18, 2011 11:38am
337 Views
Post# 19055185

Still Here!

Still Here!This past week was not what any investor wanted to see but it has happened and now the question is why and where do things go from here.Of major concern has to be the fact that the PP has not been closed which indicates that interest in First Star at $.15 has all but dried up. Given the potential of the properties one could wonder why there is no incentive to buy into a $.15 placement. Many have done so before throughout the year so what has changed? Is there a problem with the management of the company?If so, this needs to be addressed quickly as a drop below $.10 will not be good.And what has happened to the results from the drilling at LMS? Surely the company must have those results by now. Were all 7 holes dusters? If so, this could be why interest has disappeared but based on the previous news release the Geo seemed to be pleased with what he had seen in the core minus the assays. And what about the LiDar survey...what info did they gather from that? Of course with no money, no drilling in September so given the location of these properties the whole project may have to be shelved until next year. Where will the share price be then?All this potential and yet the picture does look pretty bleak right now. Anyone have a rosier picture to paint?All of this is just my opinion only.Chipshot2
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