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

To: Sasha who wrote (942)	2/23/1999 12:12:00 AM
From: ali	Read Replies (1) \| Respond to of 4269

Hi Sasha, Murdo is back in his office and all he told me is that the drilling is still going on and that we should hear something this week yet.The confidentiality agreement is exactly what it is and that's why Murdo won't tell me either.My assumption is that Inco is getting a good look at Flag's past exploration work on their land and if they like it will do more tests or exploration work at their own costs and then will either make some proposal or say thank you we are not interested.In any case, neither side can loose in this case.Inco gets to find out first if there is anything to make a proposal about and flag gets the facilities and knowhow of Inco without cost or commitment.Fair deal for both parties so far.It is my opinion that Inco wants to know very badly if there is feedstock for their mill to be had in their neighborhood(ideal situation if there is)and flag saves a lot of time and money if there is or isn't.I know we have a lot of gold to go after, but Inco is after nickel ore, particular when it is very rich with platinum/palladium as it is indicated at the presented drill site.I hope we know soon.Sorry to be of not more help.Best regards,ali