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First Star Resources Inc V.FS



TSXV:FS - Post by User

Comment by Chipshot2on Sep 27, 2011 12:28pm
221 Views
Post# 19089028

RE: RE: Still Here!

RE: RE: Still Here!colt.....I think it was Tommer that speaks to mgmt. At this point I don't have any answers except my own opinions. Like any junior explorer, First Star is dependent on their ability to raise funds to continue to explore. It appears, with the PP not closed, that funds are not flowing their way and I assume that they have reached a level in the treasury where they are not able to continue drilling. I also assume that the results from the summer drilling at LMS have nothing great to show. That may be wrong as I have also heard from other companies that labs are backed up and results are VERY delayed. As for how I am feeling, like anyone else in this junior market my pockets are a little lighter than I would like but there is always tomorrow, so I hang in there and hope that things get straightened out in the near future.We all lived through 2008/2009 when dollars almost completely dried up and my guess is that today's markets aren't too far off what we experienced back then. Have you heard anything different?Chipshot2
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