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Gold/Mining/Energy : Starpoint Gold
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To: Doug Heuring who wrote (1490)5/23/1997 7:45:00 PM
From: Chad Beemer   of 2378
 
Doug,

All I know is that the money paid to Gexpo is gone on Yetwene. They paid Gexpo I believe 1.4 million for both Riverstone and Yetwene and
still owed by June 7th another 600,000. As far as the barge they paid
50,000 on it but couldn't fullfil their contract so it is lost as well. I think they can do some drilling and exploration work with part
of this 400,000. I think STS is finally realizing that we are a one
star company and not a five star company. I would recomend that you call and talk to Rick or Harry yourself or feel free to ask the Guru.

Chad Beemer
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