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Gold/Mining/Energy : Starpoint Gold

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To: john mcknight who wrote (2271)10/1/1999 2:05:00 PM
From: william bell  Read Replies (1) of 2378
 
I thought that I would call the company today to see if there are any new developments. There is a lot of frustration. There is no movement in the Congo in spite of a great reduction in fighting. Key people have lent the company money to keep the interest alive but there is recognition that new money will have to be found.

Under consideration, is the idea of extracting resources as soon as the property can be accessed instead of waiting on extensive drilling studies. The property is rich in tantalum which is currently fetching $25,000.00 a ton (used of computers, cell phones etc.). The installation of a small concentrator is necessary as this ore is flown out.

The feeling is that this is a world class property - far too good to just simply walk away from.
Perhaps Prosac needs to be introduced into the Congo drinking water supply!
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