>>>Frank - supplementary, any snippits on what Marum is up to? <<<
Well managed company and very good 'marketing'! I have it on my radar screen but refuse to have my money sit in it. Will be a good stock to make a quick flip, if we time it right prior to an announcement of kimberlite. After that, she comes down like the rest until confirmation of diamondifirous. Upon that, the rumor may have increased the market cap, but unless the initial counts are better than Ashton, the stock will fall back down. Investors need to remember that Ashton will be used as a comparable for all other explorations companies in Alberta. How many pipes does comapny x have vs Ashton? How many are diamondifirous? How long before mini bulk samples come out? Do they proceed to bulk sampling. Ashton was $2.00-$4.00 when we were waiting for BULK sampling results. This will not happen to others as the market now is more educated on how to place a market cap on a stock. I am not knocking down juniors in Alberta but I rather stay liquid with ADP juniors until we move further into the exploration phases. As well, lets be real, small juniors will exercise options. Example, stocks like Marum, Montello, etc,,, will have their options exercised as they move to .20... Just my two cents worth...
Actually, if there is one stock that should be speculated on in ADP is New Claymore. Very cheap speculative stock at current levels. Very easy to move. Very little float.
regards
Frank |
