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Gold/Mining/Energy : Flag Resources (FGR.A A) -- Ignore unavailable to you. Want to Upgrade?

To: ali who wrote (2355)	2/22/2000 7:22:00 PM
From: manben	Read Replies (1) \| Respond to of 4269

I would love to be wrong since I remain very long on the 2 companies however experience over the last few years leads me to bet that all that will appear is a typical non-event Flag press release which will leave the usual empty feeling.

To: ali who wrote (2355)	2/22/2000 9:03:00 PM
From: jbr29	Read Replies (1) \| Respond to of 4269

Hi Ali, Right you are. 5 proximal holes is a good start, but we should not be dissuaded if none show significant Pd amounts (discouraged, yes, but not dissuaded). I think even more holes should be drilled in that case. The key is to be able to derive a mapping which will point to the higher value concentrations. "So far only a few people know (--) we are not the only ones" -- If there were significant Pd (et al) in the new cores it is likely that someone would try to capitalize on this. It is just human nature. The fact that the price has stayed in the 50's and traded at good volume at least does not discount this possibility. On the other hand, it is also entirely possible that the stock has traded strongly due to the run in Palladium and the anticipation of good results. I would have to agree with Manben that there is a good likelihood of disappointment (I've been a shareholder 3.5 years myself). Moreover, this is a probability. But in the long run, enough drill holes should eventually lead to the main orebody, given that it exists (which I believe it does).