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

To: Bill Pieper who wrote (619)	11/28/1997 4:08:00 PM
From: RJ2	Respond to of 4269

Bill P I'm going to explain of what has happened to date and why Flag is just lingering at these rates. 1) Brokerage firms are trying to shake the small shareholders daily by selling shares amongst themselves, its the only way they will acquire a substantial holding, won't be no private placing like other business dealings that usaually happen before the small investor hears about it; ie Cross Lake, Hemlo,in before you and out when were buying!! 2) Drilling on Wolf/Jess Lake (GOLD & Copper) and McNish (Base Metals) posponed due to acquisation of the Wanapetei Park Gold Surface Showing, my Gawd if Flag would of been bringing phenominal assays out on their other properties before now just think of the red tape they would of been going through!! 3) Not sure but one of these properties has assays of 8 ozs. of silver per ton on top of the other medals present!! 4)Deputy Minister has endorsed the letter of exploration and now cabinet approves it (Done Deal) Nov. 27/97. 5) Natives building road as we speak, "Affirmative Action" in its truest sense!! 6) Flag property 10 miles from Sudbury Super Stack and probably 15 miles from 4 SNIDER TWP smelter plants. 7) Inco and Falconbridge shutting down certain operations due too mining costs, Flags sitting in the sweet spot!! 8) Sudbury Mayor crying over the loss of thousands of jobs in the area due to slowdown. (9 Flag not to playing the trump until all the cards are on the table!! 10) Accumulate/Buy/Hold or Sell/Sulk/or be Sad when the waiting over!! 11) Who says nothing beening done at this point in time its not just drilling that makes a mining conglomerate the paper work is just as vital if not just as important!! Good Luck!!