Steppe Gold (SPE:V) Message Board

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Gold/Mining/Energy : Steppe Gold (SPE:V)

SPE 15.20

+0.3%

Nov 5 4:00 PM EST

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To: S. E. Baker who wrote (1008)	7/10/1998 5:42:00 PM
From: Steve Johnston	Read Replies (1) of 1248

Very good points. I talked to someone at Steppe today who indicated that the delinquent filing was a result of not having enough working capital to pay for the firm doing the financial audit. Now that the Antares cash is "in the bank" this is no longer a problem. What is a problem is the fact that the outside audit will take 3 weeks! The VSE has the right to delist, if they so choose, but I suspect this would be a last resort, especially given the fact that the average junior mining stock on Vancouver has fallen over 70 percent in the last year. Regards.

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