Mr. Mooney, As what you've deciphered is somewhat correct to a point on the ratio holdings on the Kelly Twp. where many of the investors are now trying to implement into the entire play. The fact of the matter is Flag is the one who has the largest land interest probably 3/4 of the land staking if not more. Flag runs the whole show in the McNish and Macbeth Twps. which I'm lead to believe is the prime piece of the entire land holdings to date, without looking at, or knowing nothing about the other areas of interest. The Kelly, which is 51% GLB and 49% FGR.A is the area most people are watching now and I would'nt be surprized, if there could be Gold in the Copper, and silver in the Galena, what I keep on doing is trying to look further into the postings because there are all sorts of hidden enduendos. The split on some areas might be technical, but I think Flag is strictly in the driver's seat and Golden Briar is a company most people are going to factor into most equations as things unfold.
As for the Kelly play, and being approximate 55% stake owners in the play, I figure the price of the stock is at bargain basement prices and should be at least trading up around the $1.00 range in anticipation of a positive outcome, but the market will dictate the price, not me! You start looking at the Flag potential on the McNish, who has 100% staking rights and GLB doesn't have any rights, there's no factoring involved. Each play on the Wanpitei Anomaly between Flag and Golden Briar will be strictly looked at as they come due and the circumstances will need to be calculated each time differently. My thoughts on this complexed issue anybody else?? |