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

To: Philip Nolan who wrote (1937)	3/28/1998 11:25:00 AM
From: Brian J. Hirsch	Read Replies (1) \| Respond to of 2378

Imran and all, i would like to respond to what you and the gentleman from South America said regarding local miners. "...STS should not have any problem in claiming the land as theirs. They bought it, that's it, and the locals know it and probably knew about a long time ago. As far as your comment on the gold being "stolen", I must say that they are living on that land, and if they had to survive by selling what they found, that is their right- and no one can say a thing about it. You would be appalled if you saw how they live. " firstly, if you concede that STS owns the property--that WE the STS shareholders own the property, and you are content with locals mining our property(albeit with less sophisticated tools) because they live in 'appalling' conditions, then, this does constitute theft. it is not "their right", and I here have said one thing about it. the fact that you seem to be o.k. with this arrangement tells me that at least one STS shareholder does not have a clear idea of what junior mining companies are about: and its not charity! besides, if one is concerned about helping disadvantaged persons in the developing world, the best way to help them is NOT to buy stock in junior mining companies. moreover, the likelihood of any locals benefiting from a foreign company's presence is statistically tiny. Imran, being from the developing world yourself you must know of the colonial past from which these newly independent nations are just now being born. you must know that the colonial power of yesterday is today's multinational, or, to a lesser degree, junior mining companies. these companies are structured to make profit, and not to ensure locals have enough to eat. ---i think much too much has already been said on this issue. my point is that we as shareholders must concentrate and focus on what is important to us, and, for this shareholder, supplementing incomes of local miners is not a priority. its nice to see this thread chatting again. brian