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Gold/Mining/Energy : Starpoint Gold

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To: jocko who wrote (1454)5/15/1997 8:21:00 PM
From: Kevin Oberlin   of 2378
 
jocko and all,

I came home from work expecting a lot lower share price than this. Considering that the news has been out all day, there was no panic selling. This is a good sign for those of us who are trying to salvage something out of this investment. If this is what happens when we get bad news, I can't wait for good . There was 129000 shares traded today at 26c or above. My hope is that it was the shorts covering, seeing that the price is not going to fall anymore.

Maybe I am out to lunch, but I think that today was a very good sign of what we can expect as far as the downside to this stock is.

Kevin
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