Flag Resources (FGR.A A) Message Board

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

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To: Patricia L. Toope who started this subject	1/21/2003 5:58:29 PM
From: Bruce Johnston	Read Replies (2) of 4269

Well things are looking up. I haven't thought about Flag for quite a while. In reviewing the past years news releases I noticed that in June Murdo mentioned that he was negotiating with the Chairman to settle Flag's 6 million dollar debt with Cooksville. Since the whole capitalization of the company is about 3 million at 15 cents, I wonder if this recent activity around the marketing of some of the acreage, and the involvement of new personnel is due to pressure around this debt. Ali? Know anything? I'm thinking about getting back in, there hasn't been a run up in a few years.

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