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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: ames who wrote (43075)8/18/2006 4:24:14 PM
From: hubris33  Respond to of 108726
 
GSX should be interesting going forward. This run seems like a lot but it has the volume behind it. Keep us posted as to how you decide to play it!

WOW! Look at CNR. Talk about gaps and island breakouts! gee the boyz did a nice job of convincing everyone of the death & destruction in the NG juniors.

I liked SVSE before, has the story changed? I’d be surprised if the juniors are in the alley having been advised against taking the short cut where the BIG dogs lie in wait.

H3



To: ames who wrote (43075)8/25/2006 3:51:31 PM
From: hubris33  Respond to of 108726
 
Ames, I suspect hat by now you have seen this PR on SVSE.

They sold the company out from underneath themselves! I didn't think that the Evi properties amounted to too much. Those California prospects were what gave the company some sparkle. Now what?

8/24/2006 8:03:09 PM ET

Silver Star Energy, Inc., Maysia Resources Corporation and Fidelis Energy, Inc. Announce Letter of Intent for Purchase and Sale of North Franklin Project

LOS ANGELES, CA, Aug 24, 2006 (MARKET WIRE via COMTEX News Network) --

Maysia Resources Corporation (OTCBB: MYAR) ("Maysia"), Silver Star Energy, Inc. (OTCBB: SVSE) ("Silver Star") and Fidelis Energy, Inc. (OTCBB: FDEI) ("Fidelis") are pleased to announce that they have executed a letter of intent for Maysia to purchase the interests in the "North Franklin Project" held by Silver Star and Fidelis. Silver Star has a 40% working interest and Fidelis has a 35% working interest in the North Franklin Project.

The North Franklin Project is located near Sacramento California. North Franklin currently has three (3) producing gas wells; the "Archer-Whitney #1," "Archer-Wildlands #1"and "Archer-F1" which, from the latest production numbers totaled 125.713 MMCF as announced in July at a daily rate of 4.0 MMCF to the 100% interest. A fourth well, the "Archer-Tsakopoulos #1" well was recently drilled and is awaiting completion and tie-in as the fourth producing gas well. The North Franklin Project has now, under lease, approximately 3,400 gross acres.

The project is situated along the "Eastside Winters Stratigraphic Trend" which has produced in excess of 450 Bcf gas. The North Franklin gas reservoir is contained in deep-water basin Winters Formation sands that are permeable, upper Cretaceous sandstones.

The consideration for the purchase will consist of a combination of cash and Maysia common shares. The cash consideration and number of Maysia shares to be issued will be determined by a valuation of the interests based upon a geological reserve report being prepared. The cash portion will be to satisfy the outstanding secured debt obligations of Silver Star and Fidelis, in order that their interests can be transferred free and clear of all charges and security interests. The balance of the purchase will be paid in Maysia shares, to be issued pro rata to Silver Star and Fidelis proportionate to their interests. The intention is that the Maysia shares will then be paid as a dividend to the Silver Star and Fidelis shareholders. The letter of intent and proposed purchase and sale is subject to the completion of due diligence reviews, board approvals, shareholder approval of Silver Star and Fidelis, Maysia securing financing for the cash portion of the purchase, the satisfaction/release of any security interests held in the North Franklin Project interests to be conveyed, and the execution of a definitive agreement and related formal documentation. Finally, it is anticipated that William Marshall, the current President of Fidelis, will be joining Maysia as an officer and director upon closing of the transaction.

Notice Regarding Forward-Looking Statements

integratir.com



To: ames who wrote (43075)9/1/2006 10:56:27 AM
From: hubris33  Respond to of 108726
 
Taking a look at the LT Portfolio for some readjustments going into EOY and certain PM boom.

Worst performer in the pack is TGA. Not seeing much hope for grand profits here. Think it might give a nice little ride up for at +15% but the golden yearlings are promising double that. Looks like this has turned into a play on the drilling of one well. I remember plays like that: SNG, MES.v, AEN all of which had nice runs up on drilling anticipation then did a perfect 10 (OK, so maybe it was more like a 9.95) Swan Dive into the deep end of the pool. Hold for potential climb of the ladder to the high platform, or open the gate and let it wander off into the night?

H3