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Gold/Mining/Energy : Steppe Gold (SPE:V) -- Ignore unavailable to you. Want to Upgrade?

To: S. E. Baker who wrote (935)	5/26/1998 10:46:00 PM
From: RMF	Read Replies (1) \| Respond to of 1248

S.E. I believe in John Menzies and Robert Bell. I believe in the properties of Steppe. Am I and others that believe in the company and the properties way off base in thinking that a larger firm should also be interested in Steppe? SPE says they need 2 million just to qualify for the loan from Standard Bank. This either means a 20 million blowout dilution OR if John can sell to a major as well as he's sold to us then a nondiluting JV should be possible. Can you sell it John?