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Gold/Mining/Energy : Homestake Mining -- Ignore unavailable to you. Want to Upgrade?


To: russet who wrote (213)7/9/1999 7:25:00 PM
From: Rarebird  Read Replies (1) | Respond to of 415
 
The Barron: Von Fink has purchased another 2.5 Million Shares of HM during the period of 06/02/99 - 06/11/99 HM has reported today through its filing with the SEC: Form 4. Many mistakenly thought that the Barron sold 9,000,000 shares earlier this year. What he did was transfer those shares to his granddaughter.

U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the
Investment Company Act of 1940

Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may
continue. See Instruction. 1(b)

================================================================================
1. Name and Address of Reporting Person

von Finck August-Francois
--------------------------------------------------------------------------------
(Last) (First) (Middle)

Pacellistrasse 4
--------------------------------------------------------------------------------
(Street)

Munich Germany 80333
--------------------------------------------------------------------------------
(City) (State) (Zip)

================================================================================
2. Issuer Name and Ticker or Trading Symbol

Homestake Mining Company (HM)

--------------------------------------------------------------------------------
3. IRS or Social Security Number of Reporting Person (Voluntary)

--------------------------------------------------------------------------------
4. Statement for Month/Year

June 1999

--------------------------------------------------------------------------------
5. If Amendment, Date of Original (Month/Year)

--------------------------------------------------------------------------------
6. Relationship of Reporting Person to Issuer
(Check all applicable)

[ ] Director [X] 10% Owner
[ ] Officer (give title below) [_] Other (specify below)

--------------------------------------------------------------------------------
7. Individual or Joint/Group Filing (Check Applicable Line)

[ ] Form filed by the Reporting Person
Form filed by more than one
[X] Reporting Person

================================================================================
TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF,
OR BENEFICIALLY OWNED
================================================================================

1. Title of Security 2. Transaction Date 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or
(Month/Day/Year) Disposed of (D) (Instr. 3, 4, 5)
------------------------------------------------------------------------------------------------------------------------------------

Common Stock, $.01 par value 06/02/98 P 891,000 A 7.82
------------------------------------------------------------------------------------------------------------------------------------

Common Stock, $.01 par value 06/03/98 P 141,900 A 7.91
------------------------------------------------------------------------------------------------------------------------------------
Common Stock, $.01 par value 06/07/98 P 250,000 A 7.87
------------------------------------------------------------------------------------------------------------------------------------
Common Stock, $.01 par value 06/08/98 P 282,000 A 7.93
------------------------------------------------------------------------------------------------------------------------------------
Common Stock, $.01 par value 06/09/98 P 594,000 A 7.91
------------------------------------------------------------------------------------------------------------------------------------
Common Stock, $.01 par value 06/10/98 P 65,000 A 7.91
------------------------------------------------------------------------------------------------------------------------------------
Common Stock, $.01 par value 06/11/98 P 34,000 A 7.97

This is good news. I have been buying aggressively at these dirt cheap levels myself.




To: russet who wrote (213)8/19/1999 4:08:00 PM
From: Arcane Lore  Read Replies (2) | Respond to of 415
 
From today's SEC Digest:

ADMINISTRATIVE PROCEEDINGS INVOLVING MINI-TENDER OFFERS SETTLED AGAINST IG HOLDINGS AND PEACHTREE PARTNERS

The Commission announced today that it has instituted cease and desist proceedings against IG Holdings, Inc. and Peachtree Partners. In these two enforcement actions, the SEC alleges that IG Holdings and Peachtree Partners engaged in improper conduct in connection with certain so-called mini-tender offers made by these entities during 1998 and 1999. Mini-tender offers are tender offers for less than 5% of a class of securities. These offers are not subject to the filing, disclosure and procedural requirements of Section 14(d) of the Exchange Act and Regulation 14D. However, all tender offers, including mini-tender offers, are subject to the antifraud provisions of the federal securities laws, including Section 14(e) of the Exchange Act and Regulation 14E.

In the action against IG Holdings, the SEC alleges that, since approximately June 1998, IG Holdings has made more than 200 mini-tender offers that have had offering prices that were less than the prevailing market prices. The SEC alleges that the means used to disseminate these offers resulted in some shareholders not receiving material information about IG Holdings' mini-tender offers, including the calculation of the final price to be paid by IG Holdings and the fact that the offering price might not reflect the market price. In addition, shareholders were not always informed that they could not withdraw their tenders, nor were shareholders told that IG Holdings could revoke its offer at any time before completion of the offering. This information was material because a reasonable investor would consider it to be important in determining whether to tender.

With respect to Peachtree Partners, the SEC alleges that, on July 5, 1998, Peachtree Partners made a tender offer that, if consummated, would have resulted in the firm owning more that 5% of the class of securities that was the subject of the offer. As a result, it was required to comply with the filing, disclosure and procedural requirements of Section 14(d) of the Exchange Act and Regulation 14D. It did not do so.

The Commission found that IG Holdings violated Section 14(e) of the Exchange Act and that Peachtree Partners violated Section 14(d) of the Exchange Act and Regulation 14D. Without admitting or denying the allegations in the Orders, IG Holdings and Peachtree Partners have each consented to cease and desist from committing or causing violations of the federal securities laws.

For more information on mini-tender offers, please read "Mini-Tender Offers: Beware of Offers to Buy Your Securities at Below Market Prices," which is posted on the SEC's internet web site (www.sec.gov) under the heading Search Key Topics. (In the Matter of IG Holdings, Inc. - Rel. 34-41759, File No. 3-9980); (In the Matter of Peachtree Partners - Rel. 34-41760, File No. 3-9981); (Press Rel. 99-101)

sec.gov