First Star Resources Inc V.FS

News Needed

[Chipshot2]

I've been away for a week or so and come back to see nothing has changed except the share price has declined slightly.

We need to see news that the PP is closed and then, and only then, we need to see some positive news from the drilling. Otherwise this stock will continue to drop a steady basis.  I'm sure when they announced the second PP that they must have felt that they had buyers lined up to take $1.5 million worth of shares. The first tranche closed fairly quickly so I can only assume that someone backed out at the last minute and they are stuck trying to find buyers for the balance during the summer months.

It's hard to be patient especially now with all the turmoil in the general markets.

I'm starting to rely on "crossed fingers" that this one works out!

Has anyone been in touch with the company or heard anything??

Chipshot2

[colt45acp]

BEEN WITH FS FOR WAY LONGER THAN MOST, WAITING FOR RIGHT TIME TO GET OUT. JMO.

[Tommer3]

Well they are cashing up to go drilling again.....$750K just added. The property has potentiel and management has strong objectives to increase the already growing resource estimate.Lots of upside in my opinion.... silver content to be added, previous non 43-101 compliant assays to be added and more drilling around the high grade zone will help.  And then an updated 43-101 will be

[Chipshot2]

Hey Tommer....I was wondering where you were. The problem here is in the way management has gone about raising funds. First they increase the size of the first PP which was OK as it became clear they had a big buyer. Then once that portion is closed they decide to open up another PP which to date is only half closed. The whole process could lead one to believe that they are indecisive or as I