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


To: Eashoa' M'sheekha who wrote (989)3/15/1999 10:15:00 AM
From: Stephen Mooney  Read Replies (2) | Respond to of 4269
 
Taurus 553 - It seems that not only is there platinum but palladium, often in a ratio of two parts for every part platinum. I believe that Mustang Gold, Nuinsco (just over border in N.Quebec) and all the others that are now drilling these sites are getting into the action because the price of palladium skyrocketed in the last year to the point that formerly uneconomic deposits are now very attractive targets. Flag for instance, had been sitting on the anomaly it is now drilling for many years, hardly giving it a second thought. The HUGE increase in palladium prices may now give us a massively profitable mine just a stones throw from the existing infrastructure of Sudbury.
If the grades from the present drill cores come in anywhere near decent - HOLD ON TO YOUR HATS! According to what I see from the latest press release results are expected in next week or so. Did you see what happened to Nuinsco (and even SOE - on expected good drill cores)? FLAG is next!