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Gold/Mining/Energy : Starpoint Gold

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To: Kevin Oberlin who wrote (1386)5/5/1997 8:53:00 PM
From: Chad Beemer   of 2378
 
Hi Everyone,

It appears that Bohdan and everyone else has done a good job of relaying info while I have been gone. Right now I feel good about the
principles in the company. Refique of Gexpo feel that we can get an extension. As far as time on the extension Rick just said he hoped for
the end of August. I hope that Rick and Harry take Del Knowltons advice and get our budget down to 2 to 3 million US. I hope that we can bring in a credible party who will help with financing. I do know that the other party in the last pp. would probably bring in 1 to 1.5
million so we don't need much more if we reduce our budget. Excel might be a potential player and possibly George T's company. If not we
may have to do a pp and open it up to all shareholders. I think we could raise 500,000 to 1 million through a pp. if necessary.

Chad Beemer
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