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Gold/Mining/Energy : Starpoint Gold
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To: jocko who wrote (1456)5/15/1997 10:31:00 PM
From: Bohdan   of 2378
 
jocko,

I managed to talk to Mark today. As much as I prodded him to put something out, there won't be a news release till later next week at the earliest.

It seems that, although very sketchy, that all is not right with DMW's deal with the Angolans. He also suggested that they're not yet finished with Angola but regardless what transpires there, if anything, they will pick up some properties in Uganda.

I also got the impression that STS and DMW had talked at some point in the past. Don't know the details.

For whatever it is worth, he expressed that managements priority is to get this company back on track and increase shareholder value.

I think the stock price is holding up very well. .25c is/was the bottom. I would suggest that with some positive news (Uganda etc) there is an opportunity here to make some money.

Later.
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