Replies to post #2671 on International Star Inc (ILST)

[TRAPPER JIM]

I think ILSTs recent testing verified that old testing was accurate didnt it.So reviewing the old documents I posted (988,000 tons grading .034 O/T gold) 988,000 x .034= 33,592 oz of gold.Which doesnt sound like a lot to most folks at first.But when you take 33,592 x 1300 an oz at todays prices you get $43,669,600.00 the authorized share structure of 780 mil shares it would come out to .0559 pps Give or take a penny depending on just exactly which of the old claims they have.Also dont forget There appears to be good potential to double or triple this reserve.

The Van Deemen is an exploration joint venture currently between Fischer-Watt Gold Co Inc. and Arizona Star Resource Corp.Drilling over 150 shallow holes through Oct of 1987 identified a gold resource of 988,000 tons grading .034 O/T gold with negligible silver.This reserve is 25% drill proven,50% drill probable,with 25% in the possible category.There appears to be good potential to double or triple this reserve.

[TRAPPER JIM]

To better answer your question about the gold amounts and which claims they have compared to the amount of gold in the old claims.Looks like they do have the same claims.The numbers on the company website pretty much match the old numbers.
I posted.
33,592 ounces x 1300 an oz at todays prices you get $43,669,600.
Heres my post http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100486147

And heres from the website
http://www.ilstholdings.com/projects.html
A check of the historic resource by Company Management (Carroll & Metzler) shows good agreement of the reported 34,000 ounces of near surface gold with grades ranging from 1-3 grams per ton.

And heres where I posted about the drilling that proved the old data http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100476912