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

To: RJ2 who wrote (3735)	5/12/2002 8:37:06 PM
From: hank2010	Read Replies (1) \| Respond to of 4269

Check my posts from Aug/sept/2001 on Flag on stockhouse. The claim numbers are listed there. I do not know of any other exploration companies in the Sudbury area who have had their bank accounts seized by Revenue Canada. Down here, if the IRS takes your bank account away, it is serious business! Fipke is in a whole different league compared to Murdo. It took Fipke 9 years to find the 1st diamond mine in Canada? How long did it take Aber and Diamet (and Fipke!) to find the second, third, fourth etc. Murdo is not looking for the first deposit in North America. He is in a discrete portion of an area that has been mined continuously for 100+ years. However he is out of that league also. The best thing for Flag is if they make a deal with the experts from Inco or Falco (or even Anglo, Impala or Lonmin) and get some expertise exploring that land package. When the president of an exploration company gets all excited about finding magnesium!!!! it is time for him to give the reins to someone else! He can still work a deal where Flag still has their brand on some of the action. It is better to give up 50% of the action on an option deal with the experts than it is to dilute this company down by 90% and still have nothing!