Stirrup Creek Gold SGU V Message Board

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Gold/Mining/Energy : Stirrup Creek Gold SGU V

SGU 11.84

+0.7%

Dec 31 4:00 PM EST

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To: Robert Saito who wrote (2)	9/15/1996 2:54:00 AM
From: Gemini	of 41

Robert, there's one more thing i forgot to add in my last response to SGU, the president of this company is Larry Reaugh. He is a very respected man in the industry. He was part of rea gold when that company first started. He is currently president of other VSE companies such as: NAVARRE RES, VERDSTONE GOLD, MOLYCOR GOLD and is the director for a company called FOREFRONT VENTURES which is a joint venture partner with SGU on one of their KALIMATAN properties. I should also tell you that there VICTORINE property is located in NEVADA where there has been a considerable amount of activity recently. There JV partner is VERDSTONE GOLD on this property and they have recently released news that a drill rig has started reverse cicular drilling with results to follow fairly soon. Should be within a couple of weeks and from that point we should see some news regarding a work program on their INDONESIAN properties. This stock looks to be fundamentally strong for next little while anyway. Something else I should add is that out of all the companies in Larry Reaugh's stable, SGU is the one he has the most control and shares of. Rumour has it that Larry wants to retire one day and that SGU is the company that will enable him to do so. You can kinda see this by the way he ended up putting the more exciting properties into SGU rather than the other three in which his holdings have dwindled over the past few years. I actually own some Condor RES. already because of the fact that a well respected man by the name of Don Mcleod runs that ship. It's funny how TWO GREAT MINDS THINK ALIKE, anyway Don has many many friends in the industry and can see that Condor will have it's day in the Sun. Since were thinking on the same line, I think you would do very well by looking at Australian Oilfields (oz-vse) on this forum. my information sources on this company are very CLOSE!! GOOD LUCK, GEMINI

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