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


To: john mcknight who wrote (2135)2/20/1999 5:30:00 AM
From: john mcknight  Read Replies (1) | Respond to of 2378
 
Hi All,
Just been looking at Globals rejection notice that they seem to think clears up the situation ,( the courts however seem to think there is a case to answer) and I don't see any rejection of the fact that the report alleges that:-

"In sum, our analysis suggests that Global, acting for itself, its associates, or its clients:

bet against Starpoint by never holding less than half of the market's short positions while placing $300,000 of Starpoint's promissory notes and proposing to raise up to $5 million for Starpoint's use in the Yetwene project.
earned some $215,000 from its pattern of short selling while also collecting commissions in the form of cash, shares and warrants
sold half a million more shares than it bought and sold nearly twice as many shares as it, its associates, or its clients bought
sold heavily at the opening trade on nearly one day in four over the period"

maybe that just slipped their mind or maybe they don't have an easy answer to that it's worth mentioning because as stockholders we have a great interest in what really went on , now I'm quite sure Global read these little articles and I for one would like further clarification from them .

Regards