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

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To: S. E. Baker who wrote (1019)7/15/1998 9:10:00 PM
From: Rob BC  Read Replies (2) of 1248
 
Hi All,
I may have loused up my last response so please bear with me while I repeat this again. I am new to this thread but unfortunately not new to Steppe Gold. I bought in the mid thirties about a year ago on careful analysis of Kazakstan potential. Now I feel like a Leaf's fan all over again. I have a couple of scenarios that may be answered through this thread.

Scenario 1
Steppe Gold is no longer allowed to trade on the VSE
1a. What happens to all our money?
1b. Is there a precedent in which the company is required to pay off shareholders through liquidation of assets?

Scenario 2
Steppe is purchased or another company takes over
2a. Are we automatically taken over as shareholders and how are our shares valued?

Scenario 3
Steppe files the appropriate documents and continues trading
People start bailing and drives the stock into through the basement and Steppe closes.

Scenario 4
Paranoid Steppe thread writers are rewarded for hanging in (against their will) and the stock explodes because of absolutely fantastic information.

I am particularly interested in learning the answer to question 2a. if you know the answer.

Incidentally, I understand that Donner Resources is also in Kazakstan. Does anyone know the status of this company?

In closing, which scenario do you feel we are headed for?
Thanks
Rob
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