  We present a new method for the study of heavy-light mesons in the static
approximation of lattice QCD which is optimally effective in isolating ground
and excited states. With ``MOST'' (Maximal Operator Smearing Technique), the
heavy quark is smeared at all possible positions relative to the light quark,
subject to the constraint of cubic symmetry. With correlation functions
constructed using this set as a variational basis, eigenstates of the transfer
matrix are projected out at very small time separations, where statistical
errors are small. We illustrate the utility of the method with preliminary
results for the meson decay constant $f_{B}^{\rm stat}$, binding energies and
wave functions of the lowest states. The method produces dynamically-improved
interpolating fields which can be used for matrix element calculations.
