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Gold/Mining/Energy : Flag Resources (FGR.A A)
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To: RJ2 who wrote (2345)2/22/2000 5:16:00 PM
From: ali  Read Replies (3) of 4269
 
Hi RJ2,
2 oz/t ?? I would be just happy 2g/t!! If murdo would tell us we'd have 2 oz/t we did not have to have that much, like a couple a hundred thousand tons would do and investors would flock to flag like the bees to honey.No problem to find development money either I'd guess.Development time? would not want to guess that one either , but could be 2 years,even if Falconbridge or Inco would volunteer their milling facilities.
That the price of palladium would soften by then, would not surprise me, I even expect that.However, with the increase of the industrial use of palladium and limited supply coming on the market, there will be a firm price for palladium for a long time to come,I expect.
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