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

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To: RJ2 who wrote (4117)7/3/2004 1:50:34 PM
From: ali  Read Replies (2) of 4269
 
That is pretty difficult to tell;it depends on the success of the next drilling (Cobalt Hill) which is a 100% Flag project.Flag owns approximately 1/3 of Golden Briar and Golden Briar 10% of Flag. They own each a 50% ownership in the ELO and a shared ownership on 4000 acres in Rathbun Township.Drilling may also take place at the ELO (west of the Wanapitei Provincial Park).Things would get more interesting if Flag would see fit to dispose of its interest in GLB and depending who would come aboard, things could change in a hurry.
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