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Gold/Mining/Energy : Starpoint Gold

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To: Qwerty who wrote (1569)	6/24/1997 10:27:00 AM
From: Bohdan	of 2378

Qwerty, You have a point except that "pick your best property" after Yetwene consisted of 1 property out of a pool of 1. I wouldn't want my future riding on only 1 property, no matter how good it looks. After speaking to Mark a number of times in the last few weeks, I get the very strong impression that they're actively pursuing JV's on any and all their properties. They are not going to go it alone on any of them. If this is in fact the case, then I can understand their current actions. I get the sense that there is a definate long term "plan" being implemented. I think doing a few small financings at this time is good PR. The biggest criticism and lack of confidence (at least for me) in the past has been they're inability to raise money. Taking some action to prove to the market that they can raise funds should bring back some investor confidence. You should all call STS and speak with whomever to get a feeling of what's happening. A lot of reading between the lines, but you can make up your own minds. Later.

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