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


To: jbr29 who wrote (2837)3/16/2000 12:21:00 AM
From: ali  Read Replies (2) | Respond to of 4269
 
Hi jbr29,
remarkable how close we are in evaluating flag.Could not argue with any of your statements.Perfection is hard to come by and in this case the plusses outweigh the minuses, so in my calculation it's still a good chance.
As far as the geologist quitting, I don't believe it, unless it happened late afternoon and even then it does not make much sense, as I doubt that he would quit now when there is a good chance the drilling in the next 3-4 days could reveal a major deposit they have been waiting for for so long.

As far as Murdo selling his shares I doubt that very much, certainly not at 50c, however GLB has a lot of flag shares which could have been sold.That, I would think has to be reported to the exchange and should be seen in the insiders reports.Don't know when these are published.In any case these funds would stay with the companies and not with him.
The long term shareholders would be the beneficiaries of this action.

Yes I did sell a minute amount of my holding,in your terms taking some profit of the table,so I have some more to keep gambling for a while longer.(it helps to get in dirt cheap)