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Gold/Mining/Energy : Steppe Gold (SPE:V)
SPE 15.22+0.1%Nov 6 4:00 PM EST

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To: Francis Scavo who wrote (939)6/9/1998 5:05:00 PM
From: Robert Dydo  Read Replies (4) of 1248
 
It happened than.
Reality Check was right on the issue of money for dd(as in many others).
Sure this has dented John's profile in my opinion.
Antares bought a nice deal in SPE for this $2M. happily only for the part of the the prospects. Dilution is huge at this point but without other options I guess I have no choice but like it. This 20% in Mizek and K&A is not exactly what I have in mind as choice of participants. On the other hand as a shareholder it is a sign of quality of SPE, that in those tough times ANZ finds SPE attractive enough to spend their funds on it.

Regards
Robert
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