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Gold/Mining/Energy : Starpoint Gold
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To: Kevin Oberlin who wrote (1468)5/21/1997 9:49:00 AM
From: Chad Beemer   of 2378
 
Kevin,

I've been gone to graduation ceremonies so I haven't been around for
a few days, As far as what is going on I am as dissapointed as everyone about Yetwene and time will tell if STS has any legal action
that can be done. I still have hope for Riverstone but let's be real
I think Rick and Harry have lost credibility in Angola. I don't think
they can do business in Angola unless STS has different directors. As
far as Uganda I think that they have negotiated some respectable deals
with the ability to finance properties over there. There is a ex-director who owns lots of stock that may be trying to take the company if he can work out a deal but that remains to be seen. I understand he likes Angola and if he does pull it off we would probably be focused in Angola. I think Rick and Harry are listening to
any suggestions that will bring share appreciation to STS. At this point I understand there will be news out later this week.

Chad Beemer
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