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HitMe101
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quote:
Originally posted by slim:
could go to .50 poss. lower.

If it does I might have to sell my dog,a kidney or two,some plasma,etc...just to buy more!!LOL

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Greedy Because I'm Broke!!

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HitMe101
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Exciting News!!!

NEW YORK, LOS ANGELES & ZURICH, Switzerland, Apr 14, 2005 (BUSINESS WIRE) --

(Investrend Research Syndicate) Ernest C. Schlotter, oil and gas analyst with Investrend Research Affiliate SISM Research has initiated coverage of Silver Star Energy, Inc. (OTCBB: SVSE) with a Speculative Buy/4 rating and a 12-month price target of $1.50.

The full report is available at http://www.investrendresearch.com

Silver Star Energy, Inc., based in Los Angeles, has targeted low to medium risk ventures of natural gas properties in California and oil and gas properties in Alberta, Canada that have the potential for short-term returns as well as longer reserve lives. Through a series of strategic acquisitions via its key alliance partnerships, Silver Star Energy, Inc. has positioned itself for rapid organic growth.

"SVSE has only recently left the exploration stage and entered the production phase," said Ernest Schlotter, and added: "Our positive investment rating is based on Silver Star's exceptional near-term growth profile and its development and exploitation prospects. Our $1.50 price target is based on a 5.0x multiple to our 2006E EBITDAX estimate." The Company is already in a "new well site preparation" phase at its North Franklin property in California, and if successful, production from this well could be expected during the current quarter. Silver Star has financially secured its expenditure budget and, in addition, the Company will reinvest cash flow from operations. Schlotter also stated: "Increased drilling activities will lead to rapid growth in the Company's production volume, earnings per share, and cash flow and will ameliorate Silver Star's underlying net asset value growth."

SISM Research, based in Zurich, Switzerland, is a private investment research firm offering high-quality, independent, fundamental research on public companies since 1995. SISM writes, publishes and distributes research coverage, in both English and German, on micro- to small-cap public companies trading on the OTC Bulletin Board, NASDAQ and AMEX. This coverage is geared toward institutional and individual investors in both North America and in German-speaking Europe, a market that represents more than 100 million people. SISM Research is a content provider to Thomson Financials OneAnalytics/FirstCall, to Multex, and InvesTrend. Both SISM Research and InvesTrend Research subscribe to the "Standards for Independent Research Providers" at http://www.firstresearchconsortium.com.

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Greedy Because I'm Broke!!

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HitMe101
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Besides Mach & Glass who all is still in this?Comments?

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Greedy Because I'm Broke!!

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newbravado
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I'm still in. Just picked up a few shares. Nothing but good news.
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HitMe101
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I can't believe there isn't more people involved in this.Like ya said nothing but positive News!!Gettin listed on the big exchange this year,more wells goin in,paying off the creditors,natural gas at all time highs!& so on.If you have any opinions feel free to express them!Good or Bad!
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Bighitaz
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Just bought in today, looks like a good entry point!
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HitMe101
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Seems to be holdin ground here @ .69-.70 may be buildin support here now.Nice to see other peeps gettin involved.
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HitMe101
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Also,Financial Report is due May 15th!! Should get interesting!

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Greedy Because I'm Broke!!

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HitMe101
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RSI 32...Is it time yet Mach & Glass?? [Big Grin]

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Greedy Because I'm Broke!!

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Machiavelli
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Right now its consolidating so i can't make any predictions till i see some movement from RSI/OBV/VOLUME/Candle patterns/MA's etc... Consolidating = sideways pattern ...

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Let the world change you... And you can change the world.

Ernesto "Che" Guevara de la Serna

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HitMe101
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Press Release Source: Silver Star Energy, Inc


Silver Star Announces North Franklin "Archer-Wildlands #1" Gas Well Spud Date -- Production Update
Friday April 22, 9:00 am ET


LOS ANGELES, CA--(MARKET WIRE)--Apr 22, 2005 -- Silver Star Energy, Inc. (OTC BB:SVSE.OB - News) today announces that the Company has received a timeframe for the spud of the Archer-Wildlands #1 well. The drilling will commence in early May and the Company anticipates the well to be completed before May 15th. This will be the second in a series of wells to be drilled in 2005 in the development plan for the North Franklin gas reservoir. As earlier reported, Silver Star has advanced funds in full to the operator for the Company's 40% working interest cost of the well to completion. The "Archer-Wildlands #1" well is licensed, permitted and the well site preparations are ongoing. A drill contract has been signed and a drilling rig has been secured for the well.



Silver Star will be receiving the gas production totals from the "Archer-Whitney #1" well which went on commercial gas production March 21st. The Company now has been in production for one full month on April 25th and will report figures when received in full from the operator. Just as the Company recently reported its first month's oil production at the Joarcam 13-27 well, similar reporting will shortly be forthcoming from North Franklin.

ABOUT SILVER STAR ENERGY, INC.

The Company is committed to the exploration and extensive development of oil and natural gas reserves throughout western North America. Company management is focused on an acquisition program targeting high quality, low risk prospects provided via key strategic alliance partnerships.

Safe harbor for Forward-Looking Statements:

Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Silver Star Energy, Inc. has little or no control.

ON BEHALF OF THE BOARD

Silver Star Energy, Inc.

Robert McIntosh-President

To find out more about Silver Star Energy, Inc. (OTC BB:SVSE.OB - News), visit our website at www.silverstarenergy.com.

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HitMe101
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Predictions?Short to long?

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Greedy Because I'm Broke!!

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HitMe101
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Press Release Source: Silver Star Energy, Inc.


Production Increases Now to Begin at "Archer-Whitney #1" -- Gas Flow to Be Increased to 2.5-3.0 Mmcf per Day Up From First Month's Start-Up Rate of 1.4 Mmcf per Day
Monday April 25, 9:00 am ET


LOS ANGELES, CA--(MARKET WIRE)--Apr 25, 2005 -- Silver Star Energy, Inc. (OTC BB:SVSE.OB - News) is very pleased to report on natural gas production at the "Archer-Whitney #1" well from the first 29 days of full production, which began on March 23rd, 2005. At these initial rates, the average daily gross earnings for the well amounted to roughly $11,000.00 per day, or $330,000 in total for all partners. The initial rates averaged 1.4 Mmcf per day. This is the first of six wells planned to be drilled into this reservoir on the leases.
[Big Grin]


The well has now settled and matured to the point that the operator intends to open the choke in the coming weeks to accommodate the high tubing and casing pressures. Silver Star now anticipates that the well should reach 2.5 Mmcf to 3.0 Mmcf in the first week of May, after the operator analyzes the pressures, again before allowing any increase. This would equate to a doubling of gas and revenue to $660,000 per month. This would generate $7.3 million per year revenue at these rates. The Company and partners, over time, have targeted 4-5 Mmcf per day production, and the step up of production is a very positive development. 5.0 Mmcf per day would equate to approximately $12.0 million per year in revenue from the well.

The operator of the project has choked down and metered the flow and would be increasing the gas flow in small increments. The operator's advice to the Company is to be prudently cautious in these early production days and not to be overzealous in rapidly increasing the flow rates. The operator has now indicated that the behind-pipe pressure has been stabilizing, and Silver Star can now report that the plan is to safely open up the flow incrementally at stepped rates. The operator and Company have been cautious with this initial period as the well was put online, working in a slow and methodical fashion to ensure that the reservoir is developed properly. The well will continue to be opened up until the stabilization of bottom-hole pressure.

In addition, the well was shut in during the lengthy delay in tie-in, and the Company and operator wish to ensure that every measure is taken to ensure the integrity of the reservoir so as to protect the Company's asset which is of vital importance to the development of significant cash flow to Silver Star. Pressures have been monitored both at the well and across the length of pipeline to sale point. The overall volume flow of a gas field can be a lengthy process that must be undertaken with caution to avoid damaging the reservoir or well to prevent gas reservoir "coning" and drawing condensate into the sands by the outgoing gas.

The April 22 PG&E-Citygate gas was priced at $6.81 per mcf.

ABOUT SILVER STAR ENERGY, INC.

The Company is committed to the exploration and extensive development of oil and natural gas reserves throughout western North America. Company management is focused on an acquisition program targeting high-quality, low-risk prospects provided via key strategic alliance partnerships.

Safe harbor for Forward-Looking Statements:

Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Silver Star Energy, Inc. has little or no control.

ON BEHALF OF THE BOARD

Silver Star Energy

"Robert McIntosh"
Robert McIntosh-President
To find out more about Silver Star Energy, Inc. (OTC BB:SVSE.OB - News), visit our website at www.silverstarenergy.com.



Contact:
Contact:
Silver Star Energy, Inc.
1-888-803-SVSE (7873)



------------------------------------------------------------------------ --------
Source: Silver Star Energy, Inc.

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HitMe101
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10% rise so far!!

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Greedy Because I'm Broke!!

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HitMe101
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Silver Star Acquires Two More Sections of Joarcam Lands

LOS ANGELES, CA, Apr 27, 2005 (MARKET WIRE via COMTEX) --

Silver Star Energy, Inc. (OTC BB: SVSE) today is pleased to announce that the Company has increased and doubled its land holdings in the "core" Joarcam Project area. Silver Star has now acquired an additional two sections that are on trend to producing Viking sands, south of the current lease holdings. The two newly acquired full sections, if fully developed, would enable Silver Star the ability of drilling up to 32 additional wells.

The acquisition is from a private Alberta company. The purchase price for the two sections priced at $250,000 for the 70% working interest will be subject to the issuance of the equivalent value in Company common shares for the asset purchase.

The two sections are on trend to the Company's existing production holdings and represent an extension of the Viking sand that is currently in production from the 13-27 well since March 1, 2005. The Company has announced production results for the first 29 days, which was 1,414 barrels with an average daily production rate of 49 barrels per day. April production will be announced when the full month's production figures are received from the operator.

The long-life reserves in the Viking allow wells to be in commercial production for 20 years. Currently, the 38-degree API light oil at Joarcam is priced at $54.97 per barrel ($67.95 CDN). The prospect lands are located about 25 miles southeast of Edmonton, Alberta and there is year-round access to the property.

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Greedy Because I'm Broke!!

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<Intriguing>
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Do you have any links to these press releases?
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virtualace2000
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cant find the links to the PR
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glassman
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http://finance.yahoo.com/q?s=svse.ob
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newbravado
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Everything is proceeding nicely, SVSE cant be ignored forever. Soon will have a second oil well and a second gas well. I'm still buying a few hundred shares here and there.
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glassman
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i've got mine in my long term acct....

hopefully they will get away from Cornell once the revenues pick up...

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Don't envy the happiness of those who live in a fool's paradise.

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Machiavelli
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it did nicely today... I have a order in for tomorrow for 300 + shares.. it will probably do a pull back tomorrow then continue it's uptrend towards the next Resistance which is .95 ... everyone jump into it while you still can at a low price..

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Let the world change you... And you can change the world.

Ernesto "Che" Guevara de la Serna

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GVMOORE
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Looks like a safe play. Dumped all my oil stocks a couple of weeks ago. Waiting
for oil to hold above 60 before getting back in. I buy high high and sell low to
to keep my heart pumping. Its better than a shot of epi., but don't do much for
my wife's BP.

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HitMe101
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Good to see some new faces in this,this will be huge in the future!Nothing but positive things happening here!

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Greedy Because I'm Broke!!

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Machiavelli
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decent run today.. let's see if it can keep it up though i still think it will do a pull back .. i was filled at .79 today..

--------------------
Let the world change you... And you can change the world.

Ernesto "Che" Guevara de la Serna

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Machiavelli
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stock starting to pull into a uptrend.. so far they have had nothing but good news.. maybe a bump here or there but overall good news..

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Let the world change you... And you can change the world.

Ernesto "Che" Guevara de la Serna

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Machiavelli
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i just looked at the charts for SVSE... looks promising.. it's a "Hammer" candlestick and it's using it's 60 Day Moving Average as support... RSI is beginning a uptrend as well... this monday or week should be promising for our little stock.. let's see..

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Let the world change you... And you can change the world.

Ernesto "Che" Guevara de la Serna

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HitMe101
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OT>>>also in FDEI they are like the sister company,charts are good RSI is down.What you think Mach?

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Greedy Because I'm Broke!!

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HitMe101
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Been doing alot of volume lately.

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Greedy Because I'm Broke!!

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Machiavelli
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I like stocks that are above their 3 moving averages thats why i like SVSE.. because stocks tend to use the MA's as Support and bounce off of them on a uptrend...

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Let the world change you... And you can change the world.

Ernesto "Che" Guevara de la Serna

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glassman
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2005-05-24 14:12:05
Silver Star Cancels Financing Agreement With Cornell Capital

--------------------------------------------------------------------------------


LOS ANGELES, CA -- (MARKET WIRE) -- 05/24/05 -- Silver Star Energy, Inc. (OTC BB: SVSE)
today announces that the Company has cancelled the financing agreement with
Cornell Capital Partners, LP. Silver Star has received from Cornell one
half of a secured $1.5 million bridge loan totaling $750,000 in December
2004. This loan was provided as part of a convertible debenture that could
be paid back in cash or converted to stock.


Silver Star has informed Cornell of its intention to repay the loan in cash
with interest and penalty as opposed to converting to common shares. This
action will prevent any further dilution to the current issued and
outstanding shares. The cash payback will occur from proceeds of cash flow
from Silver Star's North Franklin and Joarcam projects.




BULLSEYE!!!!!!!!

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Don't envy the happiness of those who live in a fool's paradise.

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glassman
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quote:
Originally posted by glassman:
i've got mine in my long term acct....

hopefully they will get away from Cornell once the revenues pick up...

bump.....

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Don't envy the happiness of those who live in a fool's paradise.

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glassman
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got the 100 signal...and it's almost all buys since the news......

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Don't envy the happiness of those who live in a fool's paradise.

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glassman
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this is another unique situation.....

without evidence? it would be unfair of me to accuse cornell of improper trading....this one has been down for no apparent reason....

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Don't envy the happiness of those who live in a fool's paradise.

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Machiavelli
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quote:
Originally posted by glassman:
this is another unique situation.....

without evidence? it would be unfair of me to accuse cornell of improper trading....this one has been down for no apparent reason....

Yeah it has baffled me why it's down.. like you said no apparent reason... i got stopped out which im not happy with but for now it shall do... i will probably look for a new entry point when all my signals say GO...

--------------------
Let the world change you... And you can change the world.

Ernesto "Che" Guevara de la Serna

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glassman
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i have run some sample portfolios on companies being "capitalized" by "certain" capital LLC's...


SOME of them seem to invest very heavily in comapanies that just go down in PPS, especially when the financing deal is structured in certain ways..the financing deal SVSE had with this co looked just like a bunch of the others i have seen go down...

somewhere there is a hedge fund.......haven't bothered to try to track it down.....

i usually run from cornell screaming... but this time i took a calulated risk...i may have been right that they would back away from the financing, i hope they can now fit into the pps they deserve

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Don't envy the happiness of those who live in a fool's paradise.

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