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


To: RJ2 who wrote (2898)3/31/2000 6:02:00 PM
From: Bill Pieper  Read Replies (2) | Respond to of 4269
 
RJ2 you ticked Rick off at PFN chat-grp, by putting on your thinking cap, and asking quite reasonable questions, concerning lumping all total Precious Metals Platinum Group Metals in with Gold with one assay number! On the contrary I thought this was a very good question, and should be answered promptly by PFN management! Rick and some of the others over there are acting self-righteous in their ecstasy, exuberance, and exultation to the point of arrogance! I don't mind a bit of gloating over their successful drill assay results, it's their party this time, but come on, wake up to sensible questions. We too, don't want anymore Bre-X's to drag our stock prices down either, with any over exaggerations on assay results, could backfire on the whole industry and hurt us over here too. Don't get me wrong, I want the numbers to be great on the high side of PGM's vs gold, for PFN's drill results, and wish them the best. I just don't want to see any results come out less than recent expectations, and any disappointment affect their stock price, because all boats rise on the same tide, and sink too. Meaning our Flag price also! We over here just went through one of those less-than-expected episodes and it dumped our stock price 2/3 from a goodly high. It was a bummer! I don't want ours to get dragged down any more, with any disappointing industry news.



To: RJ2 who wrote (2898)4/1/2000 4:36:00 PM
From: xxxx  Read Replies (1) | Respond to of 4269
 
Depending, of course, on the amount of gold included in the PGM assay the PFN boys should not get too upset with your words of caution. Even if there is some gold included (say at the same ratio as reported by Flag), they are much better of than Flag's assay on drill hole RL004. That hole shows total including gold as from .04 gm/ton to .93 gm/ton.
I only wish that Flag had reported as rich results as PFN! We would still be up there around the $2 mark at least!

If anyone is interested, I've bought back in on Thurs, Flag @.42 & GLB @just under .18 average. Hoping for a much better play on this round?