SSP:
Proposed addition to "RUMOUR LIST":
Marum Resources(MMU.ASE) [Base Metals and Diamonds]
RUMOUR Marum could have crews in field by next week(as early as this weekend) to begin bulk sampling. $.09 - $.11 per share a great entry point. IMO price should respond 'on field work' and again shortly thereafter in anticipation of results.
(IMHO worst case target of .18 within one week and up from there)
BTW just pulled from thread: annual reports just out & Marum is virtually debt-free, with all land permits and projects in perfect standing.
Last couple of press releases have referenced active pursuit of a joint venture partner for the base metals portion of this base metals/diamond play. Would appreciate any help investigating this potential JV as this could have HUGE short term impact. Any DD should focus on verifying status of potential JV and also any pending assays (I think we are still short on some! Hmmmmm)
Do your own DD and if you are able to find substantive dates or verifiable facts, then we can suggest upgrading this to "THE LIST"
Most recent NR, where are we at now....
Message 10576653
TIMELINE: Extracted from post at the following link:
Message 10388910
"As to our anticipated news timeline. We expect diamond analysis results within
days, then we expect to announce the begining of the sampling program when it
actually begins as dictated by ground conditions, probably between 6 days and
two weeks from now. Then an announcement of visual field results, if warranted.
Then visual results of field processing of diamond samples, then metallic
results on selected samples, then, eventually more diamond laboratory results.
Following two months of relative quiet, mid-July, August and September should be
a noisier and more fun. Stay tuned. I'll try to post some of the structural
images in about a week as we redo the project website."
(Attributed to Rick Boulay/President Marum Resources)
Periperal Development [Golconda Resources/GA.ase]
Marum owns a bunch of this companies stock - over 300,000 shares I recall, and they are now actively drilling the step out(as of Tues.). Any success here could really increase the coffers come Sept. Potential for a massive find here.
Message 10590503
Looks like we are heading into an active period with numerous staggered impact dates.
At this point in time I am comfortable recommending Marum for the "RUMOUR LIST" only.
Good luck all and again do your own due diligence on this.
This is a MASSIVE land position:
techstocks.com
Marum Site: mmu.simplenet.com
International Tower Hill: towerhillmines.com
Golconda Site: golcondaresources.com
FWIW/Hopefully over $.18/share
IMO this is a silly price, for example, check out BMD.ase - very similar play in many ways... similar float, similar geology, smaller land position, geochem. results don't compare blah blah blah... yet look at stock price: quote.stockwatch.com
Go figure!
Wilse ;-) |
