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Gold/Mining/Energy : Starpoint Gold

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To: john mcknight who wrote (1717)	10/2/1997 10:51:00 PM
From: GWalker	of 2378

You may not want to do that quite yet The story that Mark told me yesterday seems to contradict what the Guru is saying (which is a completely different issue!!). Mark said that Global wanted 1.5 mill units of stock from STS but they flat out said no because they didn't want to be held hostage by a company such as Global that has shorted their stock in the past. That is why Global filed the lawsuit. STS does owe them the money and any counter suits will only serve to delay matters only. By delaying paying them they hope to spend their money on exploration in order to get the stock up for a later financing when they can pay them off easily. I really haven't figured out the Guru's (or Gurus)gig as yet, but I can't say I really trust someone (who is now) on the inside who spouts off in a public forum especially when they have such a large position in the stock. I'm not saying don't listen to the Guru or that they are lying or anything, just understand that they have an angle just like everyone else and it may not be wise to take their word at face value. Here is a thought: Now that Cecil is a director could the Investor's Guru say anything negative about STS??

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