International Star Inc (ILST)

[fiatschmiat]

Hey Cat, How is this one going? Haven't followed it close for a while. I always thought GOLD needed to be $1300 minimum, preferably $1400-1500 for this little deposit to get any interest.

In the pro column they added Joe and I've been in Patriot Gold for long time so was familiar with his work with Vertex. He adds a lot of cred if he stays on. On the con side you have dilution. It would have been better to do nothing and just wait for a better environment gold price wise to find financing. I remember when OS was about 500 mil and price wouldn't budge. Those days are long gone now. As Rick Rule says, "sometimes the hardest thing to do in this sector is nothing, but its the right thing".

Above $1400 and 1500 could begin to rouse interest, hopefully. But its a tough sector and environment still. If they will wait, not dilute it and kill it or RS it, eventually the sentiment will change. I've been focused on the larger juniors in the mean time. This is now and always was a lotto. We know there is some gold there. We just don't know if this bunch will end up doing anything with it. Even if intentions are sincere this is a tough tough sector. Good Luck.