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Gold/Mining/Energy : Starpoint Gold

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To: Buck who wrote (1193)4/14/1997 9:18:00 AM
From: Frank Sauer   of 2378
 
Chad,

you are closest to asking questions to the company. Here is mine:

Most of us if not all of us bought shares in the company based on the Angolan diamond concessions. We were expecting/hoping for the share price to climb over 10 dollars over the next 2-3 years. In case Yetwene cannot be maintained, there is still Riverstone. I urge management to try to create value from Riverstone now! Bring somebody in who has a better skill in getting financing, do a joint venture, just do not give up on the diamonds. If Yetwene was the catalyst to get to 10+ dollars, should not Riverstone be able to at least pull us back to 1+ dollars? Contrary to the prevailing mood I still see value in the company!

Warm regards

Frank
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