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

To: xxxx who wrote (3336)	6/17/2000 9:30:00 PM
From: ali	Read Replies (1) \| Respond to of 4269

To Tim,(hitechinvestor) I hope you don't mind that I repeat you post from Stockhouse on SI, but this is one remarkable post about flag.If you come to the next AGM of flag, the lunch will be on me.ali Hi Mickey369, Very interesting post with regards to Inco and Falconbridge. I didn't realize there had been a fall out between Murdo and Inco. I do know that Inco had people there this past week and I do know they have samples that they have sent for independant analysis. I had lunch with one of their employees today that had been on site for 4 days this past week. While he saw the core samples, in fact carried them to the lab, other than visible looks he does not know, nor could he know the contents until the assay results are completed. He did say that in 30 years of mining, he can only remember a couple of times where he saw 115 feet of mineralization with no gaps. He is certainly convinced there will be a mine of the GLB/Flag property, and still figures it is pretty slim that it will be Flag as we know it that will operate any mining efforts. I wish I had read your note before I had lunch as I was sort of under the impression (although he didn't say that) that Inco and Flag were working under some mutual agreement. He did say that he had no clue as to whether Inco had some exclusive agreement, although he put it this way - "we have a full blown, world class extraction operation just around the corner. It only makes sense for us to just drive on and extract whatever is here. We talked about the overall IP survey which he hasn't seen, but has talked to people that have. His comments were that 70,000 acres was a big chunk of land to try and cover with a full blow drilling program, and that the IP survey would likely greatly help shorten the search, although he figured that Flag might never drill (on their own) on any of the IP survey, as he figures they have a spot right now to call it a "mine", bring in a partner or interest someone enough to buy them out. What he has heard (again strictly rumor) is that following the current rounds of assay results, if things look good that Inco will step up to the plate and buy Golden Briar and Flags interest with a stock take over if a structured agreement on a profit sharing doesn't work out. And I wish Diego had come up to Sudbury because he would have died when I walked into the Tim Horton's around 9am. I sat down and the table of 5 guys beside me were sitting there shooting the breeze and it was a buzz about this mining company that has struck it big. After about 10 minutes I could resist.. I said, hey guys so let me in on the secret who is the company ? The answer.. Flag Resources !! I will be heading up there again next Saturday morning - flying out of Kitchener Airport if you want to come Diego !! I did fly over the property, but to be honest.. I didn't spot anything beyond one drilling rig on Flag/Glb's property and nothing on PFN or another groups property. But then I didn't have proper GPS coordinates and was sort of just flying over the general area. So it looks like Diego is holding, which is a little disappointing. I really thought he would take me up on my offer to buy him out. Oh well. So Mickey369, I had a great day up in Sudbury and just got home about 30 minutes ago and thought I would report in. My gut feeling is that it is about to get crazy up there and when the assay results break look out baby !! Oh so are you going to call Murdo Monday morning and try him on with the data from my much earlier note ? ttfn Tim