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Gold/Mining/Energy : MICREX DEVELOPMENT CORP.:ASE
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To: Paul Kramer who wrote (129)10/12/1999 7:15:00 PM
From: Leigh McBain   of 174
 
Paul, yes it was a good day. I don't know where it was all coming from, but McDermid was certainly part of it. They have had people following for some time, as a matter of fact, if I'm not mistaken McDermid is where Perry was when he was a broker.

We have had some very interesting numbers coming out, with more on the way and so I don't find this all that surprising. Marum has actually been trading in the hundreds of thousands (shares) for a bit now, so it's not a surprise that we would see some offshoot of that. Marum has been getting some newsletter play also. In addition I have also taken care of distributing updates on the company thru a number of different avenues. Because we are so close to getting something done on the Burmis deposit it is also possible that this is related to that, although I doubt it.

As for the .8 g/t, I have heard that reference in a couple of different ways, one was a "line in the sand" type of number referring to a point that would garner interest from the geological/mining community "BIG BOYS" and the other pertained more to a potential number for economics of mining (which admittedly is a little on the premature side still). There is still lots of work to do, but are things ever looking a LOT more interesting than to begin with. This is NOT just a diamond area play any more.

Salut,
Leigh McBain
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