Flag Resources (FGR.A A) Message Board

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

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To: jbr29 who wrote (2370)	2/24/2000 7:57:00 AM
From: Stephen Mooney	Read Replies (2) of 4269

Good Day jbr29, ALI, and ALL! jbr29 - Thanks for that attempt at TA a few posts back! That was really nice to see! I had noticed the heavy overhead resistance at $.60 myself and had been studying the chart also. I suppose with the large percentage move that Flag had made in the last month this was perfectly normal as the market had moved so much that now buying and selling is in balance for awhile. I believe that you are right on the TA but at the same time IF the news comes out at about the same time as a break-out, AND the new is really good, the news will overpower any TA and the stock move may amaze any analyst! AAR - What do you see in GLB's chart? It has had an even greater percentage move than Flag. Where do you see resistance and support on that chart? Point about the 34 ounce per ton sample of Palladium. I believe that this type of sample comes from picking out rocks that 'look' good and then using them as the basis for a test. I am not positive on this, so somebody correct me if I'm wrong, but I had always thought that this was what the term 'grab sample' meant and it is like picking out 'high grade' samples. Anybody?

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