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Gold/Mining/Energy : Starpoint Gold
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To: john mcknight who wrote (2120)2/1/1999 5:26:00 PM
From: john mcknight   of 2378
 
Hi All
Just lifted this from Stockmans forum from Steve H

Regards

From: SteveH
Subject: STS, Global, Ethics

Leroy,
Starpoint Gold on Vancouver trading between $.04C to $.07C

A friend still holds STS.V. I sold most of mine at .15C. I was a shareholder while the stock rode to its high of $2.99 approx. Back then we were waiting for financing and the stock was around $1.25C. At the last minute financing was yanked and the stock quickly fell from $1.25 to the low teens. Bre-X happened about that time to. It was devastating and I have not yet fully recovered even today. What I remember back then as it came off its $2.99(approx.) high was that selling was everywhere. It seemed stock was coming out of everywhere and it drove the price lower and lower. I always believed and actually still hold hope for STS. I told my friend he should have doubled down at $.03. In hindsight it was only a few weeks before he would have doubled his money and recouped some of his losses. But alas, advise on stocks is cheap.

The below represents a birds eye view as to what allegedly drove the price of STS down. I recommend everyone read this. This is what can and does happen. Frankly I believe Global allegedly hurt me personally, my friend, and STS and all you other believers that remember. It was a sad day to watch our hopes drowned by these market antics. I wish the best to STS in this suit.

In retrospect, had STS acquired Yetwane they would have suffered the recent tragic attack that the Yetwane properties succumbed to at the hands of 100 armed bandits in which Diamondfield employees suffered loss of life and limb.

SteveH
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