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

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From: RJ211/24/2009 3:06:36 AM
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Flag is waiting for the ASC to make a decision on lifting the halt trading of the stock. August 24 was the hearing and early this month there was a oral hearing on merits. Check out the ASC website under decisions. As for the land package I assume the drilling this year is trying to unlock and understand the geology of the area around Colbalt Hill directly across from the Wolf Lake Campsite Gold zones. It looks like Colbalt Hill is the key for the entire area north to Laundry Lake and south to Rathbun Lake occurence. Otherwise the management has got to be keeping the news limited until a decision is made by the ASC.
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