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Gold/Mining/Energy : Starpoint Gold

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To: Chad Beemer who wrote (1205)	4/15/1997 10:59:00 AM
From: Adam Levar	of 2378

<<This is just a proposal that I have brought up. I would say that if committed our money in a pp that if approved we could lose it all if STS failed and delisted. I think in a placement like this that if they didn't get what they needed to complete it they would refund our money. Would everyone at this point be willing to let the current management stay on board>> Hi all: I think you guys are insane for wanting to throw more money at this company. I understand some here have lost more than I have but, I think at some point you must cut your losses and move on. I could not trust management with another dollar of my money. Regardless of what STS IR told me, I never felt that there was an urgency to get Yetwene into production, let alone financed. Disguntled, Adam.

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