Flag Resources (FGR.A A) Message Board

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Gold/Mining/Energy : Flag Resources (FGR.A A)

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To: Natedog who wrote (2344)	2/22/2000 4:11:00 PM
From: RJ2	Read Replies (4) of 4269

Just wondering, even though Palladium broke $800.00/US today and if Murdo came out with lets say 2 ounces per ton from each intersection, how would the share price dictate todays price level with future production?? What I'm more or less asking is it going to take possibly 2 years to bring the Palladium out of the ground and refine it, by then the run up could be over and the prices might moderate from these levels. Do any of you people think Murdo would forward sell to lock in some of these prices?? Some Japanese investors got caught on the short side of this Pd. romp and had to do some short covering last night!! Oh well!!! lol

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