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

TSXV:FS - Post Discussion

First Star Resources Inc > First Star - update
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Post by Tommer3 on Jun 22, 2011 9:47am

First Star - update

First a foremost, I like the potential of First Start and there "Flagship" LMS property.

The company seams  upbeat and optimistic  the year will close on a positive note with higher Gold & Silver resource estimates being published.

They just released results from a 1,000 meter drill program and have announced a further 5,000 meters DRILL PROGRAM.

They are sampling cores that were overlooked previously by International Tower Hill for the silver grades and those cores which were not submitted for the gold content.  

The company suggested each hole IN THIS SUMMER PROGRAM will get sent as they get crated for process .  THIS  should ensure a steady stream of news during this summer.

The winter program was there best results TO DATE!!!  Regrettably,  the HIGH grade results were delayed and released in the summer doldrums. 

I am glad $1.2 million was raised.   Sell in May is upon us but HIGH GRADE see you in the fall also looks good. 

Summer REGARDS,

Tommer3

Comment by Chipshot2 on Jun 22, 2011 2:45pm
We all must take into consideration that this is a relatively new company. Sure it existed before but not in it's current form. Management have been putting together the foundation for future growth. For a shareholder that isn't much fun because the share price seems to stagnate but as long as positive steps are being taken such as putting cash in the kitty, building a strong management ...more  
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