First Star Resources Inc V.FS

Sentiment

[Chipshot2]

We are holding OK today with a share price of $.05 and a healthy sized bid at $.04 at 10:15am. Momentum looks to have wained a little so there may be a feeling of disappointment. I always find it funny how a bid at $.04 can look disappointing today yet yesterday at this time we were bouncing off the walls with excitement.

 

It's still early and as I said yesterday this stock tends to sleep in a little. The majority of the momentum seems to be driven from the west coast.

 

Chipshot2

[ritespec]

Just speculation at this point, but has anyone considered the possibility that a revised option agreement on the Alaskan properties might be in the works. ................................................................................................................... Is there a chance that the largest shareholder who owns about 19% of  the outstanding shares might be involved? .......

[Chipshot2]

Going back to Alaska is something I have wondered about as well. I always liked the results that were being drilled at LMS. Corvus just released results from the summer drill program and they continue to show decent grades. That being said, it is expensive to drill there and results have to be stellar to attract any attention. There were other factors involved in the drying up of funding last year