Golden Briar:MSE Message Board

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Gold/Mining/Energy : Golden Briar:MSE

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To: RJ Snider who wrote ()	10/7/1996 9:24:00 AM
From: Stephen Mooney	of 11

I understand that Golden Briar has 49% of the deposit which is being drilled this week on the Kelly site. Flag Resources has 51%. But if Golden briar has 12.5 % of Flag then it has something close to 55% of the new Discovery. I understand there are 15 Million shares of Golden Briar and 10 million shares of Flag. Therefore if Flagg trades up to say $1.80 this week, shouldn't Golden Briar explode to about $1.48? Am I missing something? With Flag already (friday) at $1.20 shouldn't Golden Briar already be about $1.05? Fill me in RJ!

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