First Star Resources Inc V.FS

The Big push begins.... see why?

[Tommer3]

I am happy they dropped the Q-Gold deal.... First Star has enough on their plate with the Alaska  LMS Property.... This small financing, albeit bigger then I had hoped for is needed to complete the following:

1.       Drill 1,000 meters into the speculated "high Grade gold lower gneiss zone "

2.       Re-assay or assay older cores not yet not  43-101 compliant (2006) or part of the resource content

3.       re-evaluate the overlooked silver properties from all cores.  Significant silver numbers?

4.       3-D Modeling of past and present results

5.       Promotion

All of this is underway, as think they had close to a million in the treasury, and management is aware they are being scrutinized to deliver good results to drive the price higher for the follow up summer 5,000 meter drill and defining program.

I am sure with the help of Chipshot will keep a running tally of the trades.... no doubt there will be some selling here to re-load into the 6,000,000 share 15-cent PP.

Spring drilling REGARDS,

Tommer3

[Chipshot2]

The team has been on the property for a couple of weeks now and the drill started turning this past week. I too was slightly disappointed to see the number of shares offered at these low prices but I am sure that those who are involved wanted to get as many as they could at the low price.The selling on Friday after the announcement was to be expected but it was nice to see the volume was small