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Gold/Mining/Energy : Starpoint Gold

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To: john mcknight who wrote (2029)6/12/1998 5:05:00 AM
From: john mcknight   of 2378
 
Hi All,
Just a few thoughts, I know it's as frustrating for you all as it is for me to see the
stock languishing where it is. Some people contend that it is a rip off and that the
company are incompetant etc, etc.
However theres a few things that you should give thought to ,the VSE itself is at
its lowest point for some years ,the state of gold is not entirely healthy
The company continues to maintain a full time office and staff and can always
be contacted ,they have little or no income ,the last pp's were carried by the insiders
they have a geological team on the ground proving up properties ,they continue to plod
on against all odds , now if it was a rip off do you seriously think the insiders would
have carried the pp? do you think they would continue with the exploration if it was a
rip off or if they did not believe in the potential , my guess is if it was a scam by this
time you would have great difficulty in contacting anyone and the operation would have
folded a while ago , me I'm long I don't have a lot of cash but I will be buying next
week not a lot just a few thousand at these prices it must be a gift, now I'm not
advising anyone else to buy ,we all make our own decisions ,I know as I said it's
frustrating but if I was in the companies situation I would not make any more releases
until I could follow them up with other ones , the last results were good positive results
but we had no follow through with other positive releases , just a few thoughts to mull
over

Regards

John (the eternal optomist)
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