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

To: Natedog who wrote (3136)	5/16/2000 4:26:00 PM
From: Bill Pieper	Read Replies (2) \| Respond to of 4269

Ok, I'm back. I only talked to Murdo about 4 minutes, and from what he said, it sounds like a big ore body rich with what we are looking for: precious metals galore. Hope the assay's turn out to match what Murdo said about the drill holes. Jbr29, only time will tell if I'm a sheared sheep or a greedy gluttonous pig, but I prefer bacon with my eggs. Anyway, Murdo said they basically found mineral showings on the surface that went about 1000 feet in length, and they cut and picked the surface showings and drilled a 1st hole in it at a spot that turned out from the IP Survey to be the weakest reading in the IP Survey, so the other holes should turn out better than the first one. Then they did the IP Survey of the area, that showed the ore body underneath to be about 3000 feet in length and about 300 feet wide. The IP Survey recommended 4 holes be drilled, and the 1st was already in a weak IP spot, so the next holes should show better assay results. The 1st hole hit mineralization from about 75-110 feet below the surface. That's 35 feet of very near surface mineralization that is of gold, platinum, and palladium! And IT IS NOT TRACE AMOUNTS! REPEAT, NOT TRACE AMOUNTS, IT IS MUCH BETTER! (wish I knew how much better, but Murdo won't tell, I didn't ask. The don't ask, don't tell theory applies here too!) We'll know soon enough when the assay's are released. Just know that this is BETTER than the last one! The 2nd hole was drilled down to 83 feet by last night, and they are continuing today. Murdo's plan is to do the 4 holes recommended by the IP Survey, and then release the results of all, so it is done up right this time, no screw ups like the last one. Hey, that sounds like a good plan to me! Good luck to us all, and GO MURDO GO!!! Billp