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Bullboard - Stock Discussion Forum First Star Resources Inc V.FS

TSXV:FS - Post Discussion

First Star Resources Inc > FS looking good at .04
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Post by chrisaccord on Feb 07, 2012 11:42am

FS looking good at .04

v.FS is up again a penny to 4 cents today. Looking strong.

-

v.MNL (Monarch Energy) will soon catch up (currently 3 cents and will see 4 cents very soon.) Take a peek at the insider buying for v.MNL (I've posted the Canadian Insider report on the v.MNL board.)

Comment by Chipshot2 on Feb 07, 2012 11:53am
Cannacord back on the buy at $.04. This stock tends to wake up around noon eastern. Let the afternoon buying begin....come on you westcoasters!!   Chipshot2
Comment by Chipshot2 on Feb 07, 2012 11:55am
I need to learn how to spell "Canaccord".   Now...return to the buy side :)   Chipshot2
Comment by chrisaccord on Feb 07, 2012 1:07pm
Day high... 4.5 cents. If First Star was looking to finance- a nickel is the minimum. Sure would be easier to fill the financing with the share price over a nickel. - P.S. Monarch Energy (v.MNL) is going to move soon. Currently 3 cents and the asks at 3 cents will all be bought very soon (only partially bought right now.) Insiders of v.MNL have been busy buying on the open market.
Comment by Chipshot2 on Feb 07, 2012 1:14pm
chrisaccord, I was thinking along the same lines. If a new deal is in the cards then a financing will have to be put together. $.05 is a minimum but it sure would be nice to have this thing run to $.10 or $.12. They might then be able to finance at $.075 or even $.10.   If it does get done at $.05 I hope the quantity is small, something to just get them up and running.   Of course all of ...more  
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