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Gold/Mining/Energy : Gold and Silver junrs- portfolio

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From: mimur4/4/2008 1:16:28 PM
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T.GSA / my pick for the exponential gain / an oil/gas explorer

they drilling this prospect presently...20% interest...

if the drill gods line up on this one prospect...i think it has a quik $5 on it

competent, methodical management

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Groundstar begins drilling Malak No. 1 well in Egypt

2008-02-25 08:58 ET - News Release

Mr. Kam Fard reports

GROUNDSTAR RESOURCES COMMENCES DRILLING OF MALAK #1

Groundstar Resources Ltd. has provided the following operational update for its West Esh El Mallaha (WEEM) block (non-operated, 20-per-cent working interest, 1,328 square kilometres) in Egypt.

Rigging up of a new 2,000-horsepower drilling rig was completed earlier last week and drilling commenced on the Malak No. 1 well on Feb. 22. The Malak No. 1 well will be drilled to a total depth of 12,500 feet over a period of approximately 30 days and is the first exploration well of a two-well back-to-back drilling program. Each well will be tested over an approximate two-week period.

Depending on well results, additional wells could be drilled immediately after completion and testing of the first two wells. The operator of the block, Aminex Egypt, and Groundstar Resources have contracted the drilling rig for 18 months on a call-out basis to drill on the WEEM and WKO blocks.

We seek Safe Harbor.

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prospects in Egypt / Syria / Guyana

Wellington hung a $20 target on it in their blue sky oil /gas piks...with plenty of luck from egypt and guyana drilling
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