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Gold/Mining/Energy : Starpoint Gold

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To: Qwerty who wrote (1710)	10/1/1997 11:54:00 AM
From: Frank Sauer	of 2378

Talked to Mark from STS. He says: Do not worry! In my words: Global has cheated on STS, not coming up with the promised 5mio financing last year (they did this 300,000 bridge financing, however). As a result, STS has lost the Yetwene property. Now Mark says that the people at Global continue to challenge them, but they do not want to give in to them anymore. They consider countersueing Global for breach of contract and subsequent loss of Yetwene. STS is putting together additional financing to continue on the African properties. Looking at Stockwatch,some people are buying today. Frank

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