First Star Resources Inc V.FS

CASH

[bayoubucks]

THEY RAISED ABOUT $750k IN JULY. BASED ON THE PAST BURN RATE, THAT SHOULD TAKE THEM THROUGH THE END OF THE YEAR AND BE ENOUGH TO FINISH THE DRILL PLAN. ONCE AGAIN, IT ALL DEPENDS ON THE RESULTS AND HOW SOON THEY CAN GET THEM POSTED.

[andrewyoung]

They have enough money for the next 6 months.This is a very good price to average down at $.04.FS hit $.05 in the crash of 2008.About 3 million shares from the PP at $.15 was sold fora loss when it became free trading during last month crash.It was probably done by Asian and/or European investors. There are pro-traders right now flipping it for a penny.FS is trying to define 1 million oz of gold