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

To: brian krause who wrote (1104)	11/20/1998 3:15:00 PM
From: RMF	Respond to of 1248

I smell rollback. With this share structure how could they ever finance ANYTHING?

To: brian krause who wrote (1104)	11/20/1998 7:41:00 PM
From: Robert Dydo	Read Replies (1) \| Respond to of 1248

Hi Brian, Good question. It is almost a year end, maybe someone is closing a chapter on SPE? Frankly, there must be enough frustration around to sell more than 200K. Maybe Micap is right about the rollback? Last time I received the response from John was in October. He wrote that I was incorrect assuming that SBL was not around anymore. He mentioned something about rising small amount of additional equity, in connection with Bank involvement, which takes time. I have no idea what would that be. Another private placement maybe? With the current price that would be very difficult, therefore rollback is very real? I begin to dislike this whole situation more and more. Regards Robert