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Groundstar Resources Ltd GRDSF

Energy Oil & Gas E&P
Groundstar Resources Ltd is the Canada-based based company. The company is primarily engaged in exploration, development and production opportunities in domestic and international areas of interest. The company is exploring opportunities of oil wells in Pierson area located at Manitoba and, in Neilburg region. Most of its revenue is earned through the Canadian market while it also has a presence in Egypt, Guyana, and various other countries.


GREY:GRDSF - Post by User

Groundstar Resources Ltd
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Comment by Fernando2010on Aug 23, 2011 5:16pm
366 Views
Post# 18972463

RE: RE: RE: RE: RE: RE: Here we go gain

RE: RE: RE: RE: RE: RE: Here we go gainNKO has already eaten up 12% of the project from Vast (1/3 of the original Vast´s equity interest in the block) in very favorable terms for NKO. We can only hope the same is not going to happen to us. As you have already stated, if NKO finds nothing interesting in the current drilling, but, in spite of that, they decide to go ahead with the second well, we will be in very serious trouble to raise the money to provide for that.
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Dealroom for high-potential pre-IPO opportunities