Flag Resources (FGR.A A) Message Board

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

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To: J.E.Currie who wrote (3340)	6/18/2000 11:33:00 AM
From: ali	Read Replies (1) of 4269

Hi J.E. I am as confused as you are in that matter.I tried to get a hold of Murdo, but to no avail.If the money is right I shall even sell to the devil.It does look when one looks from a logistical point that Inco with their facility close by, would be the more sensible partner.But then the properties of Flag are huge for a jr.miner(glb's partnership extends to 4000acres in which the present find is located and flag shareholding of over 10%) and the potential with this revelation too.What ever happens,there is a large holding of shares in the hands of the board and I doubt that much can be done without their say so.There is also a group of large investors who have no direct say so in flag, but nevertheless have been holding up flag over the past. In my view for the present, it depends how good the grade turns up to be and what sort of mineral is dominant. I am just glad for Murdo that things turn up right now.He has been attacked ,cursed, miss understood enough that I would have given up a long time ago.But Murdo is an oldtimer,with a brilliant knowledge in his field and persistent in his endeavor.This recognition has kept me hanging on to flag over the last few years and I am glad I did so.

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