Flag Resources (FGR.A A) Message Board

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

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To: Stephen Mooney who wrote (2573)	3/6/2000 9:44:00 AM
From: ali	Read Replies (1) of 4269

HI Stephen, I really don't worry about the gold price one way or another.Even though flag has a lot of it in the ground. We just leave it there for the time being.But FLAG/GLB has a lot of other goodies whose price is just great to go after. The holes they are drilling now are in the middle of the Rathbun peninsula some where, the hole which was drilled on Tuesday to Thursday in a 60 degree slant and hit massive sulfides from 95 to 205 feet.The present drilling is 50 feet distant in the same angle and direction hit the heavy sulfides at 15 feet depth and was still in the same material at 50 feet when they stopped for the weekend.They will drill at least 300 feet or until they are through.The ore looks unusual rich, the like the driller nor the geologist have seen before, the assay Murdo expects by Tuesday evening and hopes to have in the NR by Wednesday,as well as the other assays we have been waiting for sometime.Flag has a large drilling program planed including deepening the deep holes, one of which should commence next week.(I gather the drillers are hanging out at the convention too)

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