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

To: RJ2 who wrote (3420)	7/15/2000 4:21:37 PM
From: ali	Read Replies (1) \| Respond to of 4269

Hi RJ2, the hole presently drilling is #28 and is below 700 feet still in gabro.there is talk of another drill coming on to the scene as murdo wants a vertical hole drilled at the site of #15 hole.They have PGM values there which we may hear about this coming week.The magnesium is still an open question (assayed to yield 143 pounds per ton) until there is a judgement if it can be separated at a reasonable cost from the ore.This deposit is huge and rich and on surface and would change things in a hurry if a positive way could be found to process it.In the meantime the PGMs are the name of the game.Sure hope there is more positive news coming this week.