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Gold/Mining/Energy : Starpoint Gold

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To: john mcknight who wrote (1984)4/24/1998 3:34:00 PM
From: GWalker  Read Replies (1) of 2378
 
All this banter is quite boring

I usually check in once or twice a day here and is it ever bothersome when you see 10 new posts (thinking something interesting might be up) and two people are bantering back and forth.

How bout' discussing something like the latest press release. Here is my take on it:

Don't other people find it interesting that they are now going to shift focus on other properties until November when they will begin trenching. When I spoke with the company I got the impression that they were doing this work so they could get drill targets to move on. Now we find out that not only are they going to wait until the dry season, but are going to begin with trenching work. That seems to say to me that there shouldn't be anything "exciting" until next year. This upcoming round seems to be concentrating on grid and soil sampling which unless there is some brilliant promotion tagging along aside it, probably will not ignite the stock.

My question is this: Why would any major want to get in at such an early stage when they could wait until next year to see how things are progressing. My feeling is that this past round of work has perhaps proven that although the old mining records are useful, it really hasn't put them where they were hoping.

Also: No one has mentioned anything about the annual meeting circular. Didn't anyone find it interesting that Cecil has 200,000 options. Wasn't it this group's idea to put him on the board. Well, he really must be thankful!! But the question is this: Do you think that we will ever get an objective opinion from the Investors Guru (not that we ever really did before). I'd be very interested to know what he is doing to earn those options (besides promote the stock via his site). I'm not trying to say that he isn't doing anything, I'm asking that as a true question.

Graham

PS I'd take a dozen Qwertys over one Saul any day.
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