VANCOUVER, May 4 /CNW/ -- Gold Star Resources Corp. (TSX-V; GXX),
http://www.goldstarresources.com announced today that it is featured this week
on WallStreetCorner.com as the current "Stock Pick"
(http://www.wallstreetcorner.com/stockpick.html), an editorial column
regularly read by investors in 84 countries. GXX is a Vancouver, BC-based
independent resource exploration company focusing on high-impact, onshore
opportunities in the petroleum systems of West Africa.
According to Larry Oakley, editor & publisher of WallStreetCorner.com, "I
like what GXX is doing, and the long-term appreciation potential it has,"
following an interview with Patrick Morris, president and CEO of GXX. Some of
the reasons he believes investors should look into this emerging situation are
a seasoned management team, as well as expert project partners, geologists,
and consultants working the ground in its current licensed area in Liberia.
Also, Oakley points out GXX is the "first and only junior company to go
after onshore oil & gas opportunities in the region since the late 1970s while
the big players are focusing offshore. Onshore blocks have been somewhat
overlooked by the majors mostly because of political issues that have been
recently resolved for the most part," Oakley writes. He explains GXX's
"exploration is securing a portfolio of sections of land along the West
African coast, assessing the reserves, and providing something that would be
of great interest to one of the majors."
In Liberia, he notes, "GXX and its lead consulting geologist Dr. Martin
Keeley discovered that the oil bearing structure in the area is partially
onshore, but most if not all of the drilling and oil operations are
concentrated offshore. The interesting twist is that Dr. Keeley (28-year
international oil & gas geologist) has studied the geology and actually found
oil oozing up to the surface onshore by way of oil seeps and tar mats."
Oakley's "Stock Pick" column describes GXX's current Liberian permit and
the company's intent to acquire hydrocarbon rights onshore Cote d'Ivoire to be
followed by expansion into Ghana, which is estimated having as much as 26
billion barrels of hydrocarbon potential.
For further information:
For further information: Patrick Morris, +1-604-641-4450,
firstname.lastname@example.org Web Site: http://www.goldstarresources.com