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Gold/Mining/Energy : Starpoint Gold

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To: Chad Beemer who wrote (1005)	4/7/1997 9:58:00 PM
From: Frank Sauer	of 2378

Chad, thank you for your fast reply. Point 1 you make: there seems to be a director within STS who has not played straight? Point 2: I am aware of the original March 31 deadline. But it was my understanding that this deadline had been postponed to June. So the extension is not ironclad? Point 3: It seems to me that right now there is sort of a make or breakpoint for the company. On the other hand, you are talking about the upcoming AGM on April 30 in a very calm way as it would be the next noteworthy event. What are your expectations? Point 4: When did you talk to STS the last time? Are you aware of this investor close to the company but not within the company who may just save the current situation? Many questions, excuse me. But STS is very much on my mind in the moment. Warm regards Frank

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