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


To: hank2010 who wrote (3710)3/21/2002 10:28:14 AM
From: ali  Respond to of 4269
 
Hi hank,
don't forget that these 'cheerleaders' are also some of largest shareholders and as such it is in their own interest to get the largest return for the risk they took.The question is, take a little bit fast and run or wait a little longer and take more.That a jv may/will occur sooner or later is the most likely scenario.The only question is under what conditions and where the most benefits for us shareholders are.Smaller shareholders should be glad there are larger shareholders around for the management to lean on.Larger shareholders can not run as easily as small holders do, at the other hand they can express an opinion and being listened to (sometimes).
Daytraders and short time holders are another kettle of fish and flag is just not the right thing for them as the volume and velocity is lacking at this time.
There is a lot more activity coming up I hope and that should change that trading pattern too.
The most important fact is that flag has the best land assembly in place and secure and enough financing in place to be able to continue to do field work.cheers!



To: hank2010 who wrote (3710)3/21/2002 11:13:12 PM
From: RJ2  Read Replies (2) | Respond to of 4269
 
Hank the one reason I've held and waited is a Buffet strategy. hold companies who have stable management and accounting systems in place. Also people who can answer the hard questions and don't be afraid of taking good advice from people of knowledge within that certain expertise. Dr. Peter Giblin, Dr. Ava Shadhl and Dr. Edwin Bauer are all qualified geologists of reputation.I've heard from a reliable source this Bauer person has in the past or still is a representive of SNC Lavalin. Take a 3 year gander at SNC charts and you tell me which way their going?? It takes years to discover a mineable orebody and Murdo and company has done and will show the goods in due order I'm sure. As for the company he keeps the people involved are true bonafide geologists trust me theres e-mail websites for each and everyone of these individuals just do the due and you'll see what I mean. The greatest transfer of wealth of all time and people still can't see the alure of the gold and precious metal market. What the last thing a bug sees when it hits your windshield, its (!)... never say never