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Gold/Mining/Energy : Starpoint Gold

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To: Bear Down who wrote (1000)	4/7/1997 10:23:00 PM
From: saul mikaliukas	of 2378

The real issue here is not money in my opinion but..... who controls STS and the people behind the scenes who have or want the Yetwene concession. There have been instances before where the big boys cannot let a little player succeed because they want it all for themselves. Now the question is who is causing this grief? We all might be able to speculate on this question but, it seems it all comes back to the VSE and whose interests are being served for not permitting the pp that was recently done. I quote the recent STS press release dated April 4, 1997 " Mr. Harry Bristman reports Further to news in Stockwatch March 24 1997 of a private placement, preliminary advice from the regulatory authorities indicated that one corporate investor would not be acceptable to the VSE." I ask everyone, what does preliminary advice from the regulatory authorities mean? Also, what exactly does it mean "the regulatory authorities indicated that one corporate investor would not be acceptable to the VSE?" Who are the regulatory authorities then?? My fellow STS shareholders I certainly would not be interested in giving more money to the STS management as Mr. Dick Roy suggested in his forum response, because I feel that the management is not really giving us shareholders the real story as to what is going on. What has happened here so far, is that some "regulatory authority" has written the obituary on a patient who is not dead yet and the patient is saying I like the obituary so its OK with me. I would certainly like to see the company mangement stand up for the rights of us little shareholders for a change and not be subjected to a steam roller clique in Vancouver who doesn't like certain investors who are willing and able to save STS and us little shareholders from getting the royal shaft from the big boys!!!!! P.S. Now I agree with the statement that I have heard said many times....if you invest in VSE stocks it's like rolling the dice in Las Vegas and the house always wins!!!!!!!

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