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


To: jbr29 who wrote (2363)2/22/2000 10:59:00 PM
From: ali  Read Replies (2) | Respond to of 4269
 
Hi jbr29,
we are indeed talking about two different geological occurrences here.Only a few miles apart if that.If that would be one connected ore body that would be fine, as then it would be on par with voisey bay, for which Inco paid $4 billion. Only this deposit is in their front yard! The $2500stuff could be rhodium (a natural byproduct at many platinum/palladium mines)but also rare earth minerals for which some of the 500 feet core is being tested and in the 10 feet piece was tested, but murdo has not said if or how much it tested for.The assay for that is done at a different place then the platinum metals and takes more time.All in all, if only one project turns out ok, the shares are a steal as it is, but 3or more is still difficult to comprehend.Now let the gold price go to $400 and flag already has 2 deposits of it and most likely a hell of a lot more if some money gets spent on the park property.Now you know why I am so enthusiastic about flag and glb.