Flag Resources (FGR.A A) Message Board

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

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To: Bill Pieper who wrote (2773)	3/9/2000 8:20:00 PM
From: POLARBEAR	Read Replies (1) of 4269

A post from BEARBEARS on the stockhouse thread: stockhouse.ca bearbears (ID#: 123212) Re flag, life the universe and everything 3/9/00 2:00:37 PM 1076764 Perspective. While the Nr was poorly handled both by the CEO and the newswire, it does not take away from the fact that we invested in this company in HOPES of finding a strike. As you will recall from some of my previous posts that I have urged caution and have asked that any new investor buy only a few thousand shares at most, ie 2 to 3k. That being said, I still have 15k of glb and 7.5k shares of flag and I will add another 5k glb and 2.5k flag. That is me. I own this company at avgs less than the current .50 and I own glb at more than the avg of .20. Big deal. I suck it up like I have for the past 10 months and put my shares back in the box awaiting the next drill reults. As I have posted before this is an exploration company and they will not develop this property. Thier job is to explore and drill the sweet spots which they are doing. Their drill program is not even near complete as we still have at least another 20 step out and drills to do. I do NOT believe in the CEO or the company, I rely on the geography of the region, and the potential that it holds as well as assay results and drill/steout #'s. The NR of thursday was very misleading in that it stated VISUAL site of massive sulfides and promised the assay soon. That 50 feet was what we were expecting to see along with the other assays and that was not delivered. Those results are to be released sometime next week. Had they explained when the assay for the 50 feet were to be due instead of leaving it up to speculation as well as simply releasing the assay results on Thursday, there would be a lot of investors that would not have paniced both in buying it up and selling it down. We shall see. I still believe that this company offers the best spec. play for my buck. After all there are alot of properties out there that have less to offer but more hype and PR and are trading at 2 to 3 times the olf price of flag. Regards

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