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Gold/Mining/Energy : Starpoint Gold

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To: Kevin Oberlin who wrote (1069)	4/9/1997 7:18:00 PM
From: Chad Beemer	of 2378

Kevin, What Harry said was officially true,but unofficially they have been given alittle more time. Maybe we shouldn't call it an extension but possibly a grace period. The fact of the matter is they still have Yetwene. I have told Harry this serval times but I will state it here. Since we still have Yetwene, I think that Rick and Harry should either give themselves a deadline to get financing or find a party that can take the company over that has the ability to raise capital. Many of us have held on because of the fact that they have these excellent properties in Angola. Let's all face the fact that Rick and Harry have not performed for the shareholders and it is time to make a tough decision and it needs to be favorable for all shareholders.As far as I'm concerned they should give themselves until Friday and if nothing is in then give it to some party who can bring value into STS. And I mean value from Angola and not Uganda. Regards. Chad Beemer

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