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

To: Chad Beemer who wrote (1761)	11/10/1997 4:43:00 PM
From: Qwerty	Respond to of 2378

Glad to have you back Chad, lets hope we can get this one going soon.

To: Chad Beemer who wrote (1761)	11/10/1997 5:51:00 PM
From: morrie	Read Replies (1) \| Respond to of 2378

Chad; Just got in to this stock to-day as it was recomended last thursday on stockhouse. sold some starcore and Bailed in Starpoint. bad move selling starcore as it went up from .30 -to.40 right after. However I think this stock is way undervalued looking back to earlier this year and with all the potential. good luck to all ! morrie VSE: STS Starpoint Goldfields .19 STS remains one of our largest near and long term core holdings. They are literally and figuratively exploring for gold and diamonds in elephant country. STS has large gold concessions in Uganda, diamond concessions in Angola and several gold-diamond concessions in the DRC (which is their immediate focus). STS ran over $3 last year on news and expectations over their Yetwene diamond concession in Angola. When the company could not obtain financing in time and lost the concession, as Bre-X's debacle was unfolding, STS' stock price was hammered. Yetwene is now being put into production by another company. This summer STS moved on and continued to acquire very promising properties and completed several financings. They used their connections in Africa to obtain their DRC, formerly Zaire, concessions after an April coup in the country. At the time, this historic gold and diamond producing area was wide open for the picking. STS, in need of new projects in Africa anyway, was one of the first to step in. We soon expect to see technical reports and results from current sampling in the DRC, to be followed by a more aggressive exploration program. As the potential of these properties are better understood by the brokerage community, we believe this sleeper will again awaken. One of our members is a director of STS. NEWS RELEASE Nov. 5, 1997 DEMOCRATIC REPUBLIC OF CONGO Further to our news release of June 9, 1997 the company is pleased to report the following changes to the option agreement to acquire 75% of the diamond and gold concession in the Zone of Luiza, West-Kasai in the Democratic Republic of Congo. This Concession now covers an area of 3,450 square km. The total consideration Starpoint will pay the Optionor for 80% of this property is CDN$300,000. Consulting geologists have been on the property for approximately six weeks and preliminary information indicates that there is good potential for gold and diamonds. A detailed report will be written upon the geologists return. 800 852-8885 or 604 688-6838 email: sts@starpoint.com website: www.starpoint.com