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

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To: hank2010 who wrote (3710)3/21/2002 10:28:14 AM
From: ali   of 4269
 
Hi hank,
don't forget that these 'cheerleaders' are also some of largest shareholders and as such it is in their own interest to get the largest return for the risk they took.The question is, take a little bit fast and run or wait a little longer and take more.That a jv may/will occur sooner or later is the most likely scenario.The only question is under what conditions and where the most benefits for us shareholders are.Smaller shareholders should be glad there are larger shareholders around for the management to lean on.Larger shareholders can not run as easily as small holders do, at the other hand they can express an opinion and being listened to (sometimes).
Daytraders and short time holders are another kettle of fish and flag is just not the right thing for them as the volume and velocity is lacking at this time.
There is a lot more activity coming up I hope and that should change that trading pattern too.
The most important fact is that flag has the best land assembly in place and secure and enough financing in place to be able to continue to do field work.cheers!
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