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

To: Tim Davies who wrote (883)	11/14/1998 10:20:00 AM
From: ali	Read Replies (1) \| Respond to of 4269

Hi Tim, being not a very educated guy I can't help you on your 'irish question', but if you would read the posts and the anouncments, you may see that flag so far has not diluted their stock yet (may do so this winter with an issue).Have you heard that GLB is paying for the drilling to earn their 50% share on that property? How does GLB get the money is the question you should ask.Well, some came from selling some holdings of theirs, and some from selling more of their shares.That may be the reason GLB sells for only 7c.Better yet, ask Murdo himself.One thing I can tell you is, that if all share holders would think like you do and wait until there is proven tonnage, there certainly would be no money to drill anymore and some large co would be smilingly pick up the pieces.